We're taking an intermission from Parpu bashing to prove that the Max The Cat, I believe a Malay trader completely slammed an evil Investment Banker (goes by the name of IB) a couple of months back.
The thread is somewhere in The Rembau Times, but as a recap, this IB joker was saying that the Forward price of a currency = Expected price of the currency at expiration.
Max The Cat (MTC) used some charts to jam him. Bionic Turtle provides a more intuitive explanation.
Go Max The Cat!
Showing posts with label MAX THE CAT. Show all posts
Showing posts with label MAX THE CAT. Show all posts
Monday, March 1, 2010
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