Can anyone decipher this for me? I can’t tell where he is trying to go exactly. My (2) books, as but an example, don’t cover traders with “uncertainty of exit schemes”.

One reader writes:

Hi Michael, I read the article you linked to and was thinking it was another mathematician over-optimizing everything in sight, then I read the date it was published – 1st April 2008! So I guess it’s a case of take your pick really….Matt

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