The sell side exists only because the buy side trades before we can understand when the sell side is profitable.
Sir, yes sir.
to stake out a new road
An inverse limit has “natural projections” which are restrictions of the projections of the Cartesian product (to a domain which is the inverse limit). The reason why the projections are described as “natural” would be the following: besides the functor from an index poset to the inverse system, there is another functor from the same index poset to the inverse limit of that system, this functor being a constant functor. Then there is a natural transformation from the constant functor to the inverse limit’s functor: the components of such natural transformation are the said “natural projections”.
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