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Final StateConvexity
VOL. I  ·  NODE 112▢  ATLAS
Concept/ NODE 112 · STUB

Convexity

Capped loss with open upside. Under this payoff shape uncertainty flips sign: the more unknowable the world, the more the position is worth — uncertainty becomes an asset rather than a cost.

This node sits in the atlas but hasn’t been written yet. It’s a real destination — here’s where it connects.

#convexity

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