A traditional way to think of a stock price is the expected value of its future prices weighted by their…
Friends, The largest firms in the world's capex doesn’t lie. They’re all-in on AGI. Since the so-called hyperscalers are also…
This is a fun one. A good friend and mentor from the pit sent me this (lightly edited and hyperlinked):…
Let's start here... Essential Wisdom from Twenty Personal Investing Classics (6 min read) Elm Wealth distills investing lessons from 20 classics,…
I really liked this listicle by Sasha Chapin: 50 things I know I was gonna do my usual thing of…
Friends, I really liked this listicle by Sasha Chapin: 50 things I know I was gonna do my usual thing…
This video is the best articulation of why poker is used to train traders. https://youtu.be/uFyoIeBElQc From the description: Jerrod Ankenman,…
The phrase “studies show...” is almost always followed by bs. To understand why, I’ll point you to a post by…
Friends, The phrase “studies show...” is almost always followed by bs. To understand why, I’ll point you to a post…
Recently, I’ve been writing a lot about option funding — implied rates, reversal/conversions, and financing stock positions, and even a…