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RE: NO Financial Security in POB Investment

in LeoFinance3 years ago

if you have time, consider reading this book on the world of derivatives...

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No one knows the derivatives market more than Das...

The reason I thought about the book as it started with the famous Donald Rumsfeld quote below.... but Das used it in a different context, of Financial WMDs

because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know

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Ive come across that quote before and it still takes quite a few times of reading for both the tounge twisting and the inherent deeper nature of it. I have the book. Downloaded quite a long time ago but i had dropped it as i wasnt reay yet. Hopefully second time is the charm.