It’s almost like we should have bundled all these bonds as a product instead of ... | Hacker News

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		charlieyu1 4 months ago \| parent \| context \| favorite \| on: How insurance risk is transformed into investable ... It’s almost like we should have bundled all these bonds as a product instead of selling single bonds.

klysm 4 months ago [–]

And then we can take a bunch with correlated risk, pretend it isn't correlated, and sell it as a lower risk product!

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