Arbitrage is not a dirty word

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Kenneth explained the concept of arbitrage, which involves taking advantage of price discrepancies by buying one item and selling another simultaneously to secure a profit. He clarified that this process is legal and distinct from arbitration, which is used for resolving disputes. Kenneth also shared his experiences working on the Stock Exchange in the 90s, where trades were conducted manually and price discrepancies could be exploited.

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Real-world finance explained the way exams and real life actually test it.
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