ELI5: Explain Like I'm 5

Greeks

Okay, so you know how there are different types of people in the world, like some people are tall and some people are short? Well, in a long time ago in a place called Greece, people started noticing that there were different types of ways to be really good at something.

For example, some people were really good at running really fast, while others were really good at throwing things far. They named these different ways of being good at something after different letters from their alphabet, which they called "Greeks".

There was Alpha, which meant being really good at predicting how the price of something might change in the future. Then there was Beta, which meant being really good at understanding how much risk there was in something. Another one was Gamma, which was for people who were really good at making money when things were going up, but also didn't lose too much when things went down.

These different "Greeks" helped people understand different ways of making money, but they could also be a little bit confusing because they all worked together in different ways. It's kind of like how you have different strengths and weaknesses, but they all work together to make you the person you are.