The Financialisation of Uncertainty
Structural Layer Thesis · Petit Lapin Trading Ltd.
This essay examines the financialisation of uncertainty as a structural investing theme — and the case for prediction market infrastructure as the load-bearing layer of the epistemic economy.
Preface available below. Full essay (Sections I–IV) available to members.
PREFACE A Structural Theme
Uncertainty is not a bug in financial markets. It is the raw material from which all financial products are manufactured. What changes across cycles is not the presence of uncertainty but its character — which uncertainties are new, which are being newly measurable, and which are being newly tradeable.
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