Thursday 15 September 2011

On an anniversary of the fall of Lehman Brothers

I am thinking Alice.
I am thinking a forward contract.
I am thinking that for a distribution with infinite variance the law of large numbers does not apply.
I am thinking the colour red does not have sharp boundaries but can be clearly distinguished.
I am thinking related instruments.
I am thinking a room full of surgeons or is it police.
I am thinking this embodies all information.
I am thinking Alice wearing a peach-coloured cardigan and a certain kind of shoes and is this is a lot of information.
I am thinking it consists of a rebalanced hedge of 1/St and short a log contract.
I am thinking medicine for this.
I am thinking class war is subtle or blunt.
I am thinking Alice oh Alice look up.
I am thinking all information embodies.
I am thinking Alice sometimes red.
I am thinking an infinite statistical moment.
I am thinking whose enemy in class war.
I am thinking linear contributions can be separated out.
I am thinking scale independent a small scalpel of light.
I am thinking approximately 700 nanometres.
I am thinking for example using the daily closing prices of the S&P 500 down 3.4% on September 9.
I am thinking lipstick Alice bright red yes reading in class.
I am thinking this time it is not about capital.
I am thinking derivative or medicine.
I am thinking go in.
I am thinking enemies or surgeons will dismember but differently.
I am thinking Alice.

[citing bank debt of $613 billion, $155 billion in bond debt, and assets worth $639 billion]