Money

Notes on Trading Volatility: Correlation, Term Structure, and Skew

Trading Volatility: Correlation, Term Structure, and SkewColin Bennett http://trading-volatility.com/Trading-Volatility.pdf The book is a broad reference on basic option theory, dispersion,…

5 years ago

Markets Will Permanently Reset Higher (My Sacrifice to the Delta Gods)

  The US stock market rallied 30% in 2019. A blow-off performance punctuating a decade long bull market. Professional money…

6 years ago

Hands On Resources to Teach Kids About Business

A friend asked me if I knew of any podcasts geared towards teaching kids at middle school ages about business…

6 years ago

Your Portfolio Intuition Is Poor

Summary and takeaways from Bridge Alternatives' Portfolio Intuition (Link) Intuition Test Assume: Your current portfolio has 5% return and 15%…

6 years ago

Lesson from coin flip investing

The setup You invest in 2 coins every week for the next 1000 weeks (19.2 yrs) These coins pay a…

7 years ago

Percents Are Tricky

Which saves more fuel? 1. Swapping a 25 mpg car for one that gets 60 mpg 2. Swapping a 10…

7 years ago

The Volatility Drain

I don't want to torment you this week, but if you trust me play along and you'll be paid off with…

7 years ago

Levered ETF/ETN tool

Use this tool to estimate how much a levered fund would need to buy or sell to maintain its mandated…

7 years ago

The difficulty with shorting and inverse positions

Shorting is hard Shorting assets is intrinsically difficult because while your position goes against you it gets bigger and when…

7 years ago

Adam Robinson’s Game Theory Approach to Markets

Distilled from his interview with Shane Parrish on the Knowledge Project Markets are smart When people are in disagreement with…

7 years ago