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Kris Abdelmessih x.com
Interest rates are 0, no dividends, stock is at $100. Assume 1 year to expiration. What is the maximum fair-value of the $100-strike straddle? If the straddle trades at its max value, what is the straddle’s delta?
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14 September
28 July
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there's like one dystopia that I'm particularly nervous about 10 years from now is we overreact to AI safety.
22 March 2025
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Sometimes you have to move fast at the sacrifice of knowledge, and I'm totally on board for that, but I worry that what we'll create is an entire generation of incompetent programmers who can do some amount of things well, but anything that is unique, bespoke, or requires some extra like little elbow grease, might become very difficult. It might cause a whole chasm where juniors remain juniors forever.
2 April 2024
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What is different about construction is the level of coordination that takes place: whereas in a car everything is carefully designed to tightly integrate together, in housing construction the work can be done (and often is) with surprisingly little coordination between the various trades.
15 April 2023
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