# Non-linearity and Convexity in Finance


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[We are the human animal. We are non-linear. We ARE a song of ice and fire.](https://www.epsilontheory.com/a-song-of-ice-and-fire/)

- [Volatility and the Alchemy of Risk](https://static1.squarespace.com/static/5581f17ee4b01f59c2b1513a/t/59e8a9b0e9bfdfb287faa3d2/1508420022032/Artemis_Volatility+and+the+Alchemy+of+Risk_2017.pdf) Artemis Capital



# Parents

* Leverage and, Uncertainty, and Edge