The Fintech Inversion: AI Just Handed Banks the Weapon That Kills Their Biggest Weakness
The entire fintech thesis was built on one structural premise: banks are trapped by their technology.
Allan's Substack
Regulatory Risk Is a Sizing Problem: Applying the Kelly Criterion to Capital Allocation Under Uncertainty
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Regulatory Risk Is a Sizing Problem: Applying the Kelly Criterion to Capital Allocation Under Uncertainty
The fastest way to go broke in fintech or AI is sizing positions as if regulators don’t exist