Glad to be in Esbjerg, where 🇩🇰🇧🇪🇩🇪🇳🇱 are making the North Sea Europe’s green power plant.
The message to industry is clear: the moment to step up investment in offshore wind is now.
And with #REPowerEU, we are creating the right conditions to make this a 🇪🇺 success.
@TrevorGreetham If that’s an estimate based on Germany, I would add another 25 years to it. They went through a lot of pain to recover the faith in their own country. Some say they are not there yet. I hope the best for America.
@francoisfleuret You may want to lookup put-call parity from finance / option pricing theory.
Forward = Call - Put, or (x - K) = relu(x - K) - relu(K - x), and even works under expectations (which are linear operators anyway)
E[x - K] = E[relu(x - K)] - E[relu(K - x)]
Buy-side firms complain of little consensus among dealers over the method for calculating the discount rate for trades backed by ‘dirty CSAs’ https://t.co/GYJ7CQ1Vab
In light of modern social media disinformation techniques, it's quite interesting to read this "Simple Sabotage" manual from 1944. The "General Interference with Organizations and Production" section reads like the opposite of lean six sigma/Kaizen
https://t.co/4cej74LqZm
What will the end of the #EMIR mandatory swap #clearing exemption for pension schemes in June 2023 mean for these active users of the swaps market, their clearing brokers and #CCPs? To find out, read the #Risk.net discussion with LCH’s Susi de Verdelon: https://t.co/hk6YjVUfeU