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What's up everyone?

Thanks so much for tuning in to the weekend edition of the Real Vision Daily Briefing.

Here's a great clip from a conversation between Real Vision contributor Jason Buck

and renowned author and professional trader, Ewan Sinclair,

breaking down the difference between inefficiency and risk premium and options in markets.

Enjoy!

You know, I think about a lot of things you talk about is the idea of inefficiencies versus

risk premium. And so for people that aren't familiar with your work, what's the difference

between inefficiency and a risk premium?

An inefficiency is literally a wrinkle that exists. There's profit there because

not enough people have noticed that it's there or not enough people can actually do the trade.

So it's literally like an oversight. Whereas a risk premium is literally you getting paid

to take a risk someone else doesn't want to do. The example I've used before is

if you see that there's $20 sitting on the street, okay? And for the younger viewers,

there is this thing called money, which used to consist of little bits of paper that you

...