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> The hedge funds (usually) discount the expected value by a ton when deciding how much to pay. That’s called a risk premium.
by abm53 3y ago
> The hedge funds (usually) discount the expected value by a ton when deciding how much to pay.
That’s called a risk premium.
- Scoundreller 3y agoAnd generally not worth paying it if you’re a creditor, unless they get it very wrong or you know something they don’t. I’m surprised crypto enthusiasts can have such a weak risk appetite.