Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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The Skinny on Options: Abstract Applications - September 15, 2025 - Hilbert's Hotel: The Infinity Paradox
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Manage episode 506446802 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Dr. Jim presents Hilbert's Hotel, a mathematical paradox demonstrating the abstract concept of infinity through a thought experiment about accommodating guests in a hotel with infinite rooms. The paradox illustrates solutions for accommodating new guests by moving existing guests according to mathematical formulas - from simple room reassignment to using prime number powers for multiple infinite busloads of guests. The segment connects this concept to options trading, specifically undefined risk strategies that theoretically carry "infinite risk." While theoretical infinite losses exist with short calls or strangles, traders typically quantify risk through practical measures like buying power effect or CVAR rather than worrying about truly infinite losses.
…
continue reading
1601 episodes
MP4•Episode home
Manage episode 506446802 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Dr. Jim presents Hilbert's Hotel, a mathematical paradox demonstrating the abstract concept of infinity through a thought experiment about accommodating guests in a hotel with infinite rooms. The paradox illustrates solutions for accommodating new guests by moving existing guests according to mathematical formulas - from simple room reassignment to using prime number powers for multiple infinite busloads of guests. The segment connects this concept to options trading, specifically undefined risk strategies that theoretically carry "infinite risk." While theoretical infinite losses exist with short calls or strangles, traders typically quantify risk through practical measures like buying power effect or CVAR rather than worrying about truly infinite losses.
…
continue reading
1601 episodes
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