the iron butterfly

2 months ago

I think about what Matthew Clifford said about technology when he was on Infinite Loops back in 2022 and before…

investing orbits

2 months ago

Here’s a summer reading book rec for investors: My wife and I are both reading this. It’s laugh-out-loud funny. Gary…

present tense

2 months ago

I turn 48 today. Once again grateful that another year of life insurance premium went to waste. It’s a reflective…

Moontower #320

2 months ago

In this issue: investing orbits present tense Friends, I save my editorializing for the section at the end today. Let’s…

“betting as a tax on bullshit”

2 months ago

🎙️Wrong numbers and why they survive | Complex System Podcast Patrick McKenzie interviews famous Wall Street quant and author Aaron Brown(Poker Face…

Delta-hedged risk reversals

2 months ago

We recently added multi-leg support to our Attribution Visualizer, our tool for allowing you to track an option contract’s p/l…

VIX and buy signals

2 months ago

Here’s Victor Haghani: A high VIX1 is widely considered to be one of the cleaner buy signals out there. A…

Moontower #319

2 months ago

In this issue: free lunches and non-tradeoffs VIX and buy signals delta-hedged risk reversals Friends, As one of my favorite…

The Scaling Laws of Risk-Reduction

2 months ago

In a misconception about harvesting volatility, you learn that you do NOT need to scalp the gamma to isolate the vol…

on the corruption of school grades

2 months ago

A few quick hits on the topics of education and learning. Childhood and Education #18: Do The Math | 15 min read…