ALTHOUGH A LITTLE TECHNICAL, THE FOLLOWING ARTICLE FROM THE FINANCIAL TIMES POINTS OUT AVERY IMPORTANT FACT ABOUT DERIVATIVES
Most derivatives are pretty much guesswork at this time. Like medieval medicine (which killed more than it cured before it developed into a science), derivatives and how they are structured and used can be dangerous. The art of using derivatives, leverage and financial manipulation based on mathematical models remains far from a science. However, there is plenty of incentive to undertake it because of the outsized profits that can accrue to those who are able to convince the gullible that it . . .
Continue Reading: ARTICLE FROM FINANCIAL TIMES POINTS OUT AVERY IMPORTANT FACT ABOUT DERIVATIVES
