Normal
Analogies are Ok so long as there is a reasonable parallel. The misnomer, and the claimed returns, are nowhere near accurate.As far as getting people to get their head around difficult concepts, and we are talking options here, there is no substitute for a through grounding in the basics, namely understanding pricing via the Greeks.Said educator (and others), as far as I know actively discourages this, or at best does not do anywhere near an adequate job.
Analogies are Ok so long as there is a reasonable parallel. The misnomer, and the claimed returns, are nowhere near accurate.
As far as getting people to get their head around difficult concepts, and we are talking options here, there is no substitute for a through grounding in the basics, namely understanding pricing via the Greeks.
Said educator (and others), as far as I know actively discourages this, or at best does not do anywhere near an adequate job.
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