Chile is the poster child for extreme economic inequality in a developed country. I spent time there last year for my book (which has a chapter on Chile) and what I found hardest to understand is why there wasn't more political unrest. Now there

A few choice facts about Chile and inequality:

In Chile, the social security system is basically designed to redistribute wealth from the masses to the rich, because workers are required to put their savings into private investment funds that charge ridiculous fees.
The commitment to private industry runs deep. If the available water is sufficient either for drinking or growing avocados... well, you get the idea.
The result in Chile is two worlds, side by side.
And what is most remarkable is that, for the longest time, even the ostensibly left-wing parties were on board. Chile's socialists basically don't like socialism.
But it's been clear for a while that a younger generation in Chile wasn't willing to accept the status quo.
You can read more about Chile in my book, The Economists' Hour, which is the source of these excerpts. https://t.co/mnqodTTJqe

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MISREPRESENTED CONTEXT

1. I am indeed disgusted with attempts to misrepresent and take out of context what I wrote on my blog yesterday.


2. Those who did that highlighted only one part of paragraph 12 which read: “Muslims have a right to be angry and to kill millions of French people for the massacres of the past.”

3. They stopped there and implied that I am promoting the massacre of the French.

4.If they had read d posting in its entirety & especially the subsequent sentence which read: “But by & large the Muslims hv not applied the “eye for an eye” law. Muslims don’t. The French shouldn’t. Instead the French should teach their people to respect other people’s feelings

5. Because of the spin and out of context presentation by those that picked up my posting, reports were made against me and I am accused of promoting violence etc… on Facebook and Twitter.

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.