Newsletter Thoughts

the singularity trade

Not to deter any stubborn bears, but just understand your history. In 1999, the Nasdaq returned 86%. If we ignore…

1 day ago

a delightful conclusion to the Investment Beginnings Series

This week I taught Class 5 of the Investment Beginnings series I’ve been doing with the 12+ year olds. my…

1 day ago

Moontower #317

Friends, In this issue: streetlight effects Investment Beginnings Class 5 was a delight thoughts on the current market cycle and…

1 day ago

phantom zone

This is a straight-up rant. If you are anywhere near financial or tech twitter you’ve seen Deedy’s tweet and the reactions to…

2 weeks ago

high implied vol can work for or against you

Here’s how high vol works against you It's too expensive to buy puts to trade directionally once an asset has…

2 weeks ago

“a collection of tradeoffs”

Thursday’s post what I want my kids to know struck a nerve with readers for different reasons. A close friend noted that…

2 weeks ago

Moontower #315

In this issue: racing to a mountaintop or just another “collection of tradeoffs” how high implied vol can work against…

2 weeks ago

Moontower #314

In this issue: smart vs wise adverse selection when landing a senior role cost of carry as a conviction hurdle…

3 weeks ago

appreciating diversification

This week, I hosted class #4 of the Investment Beginnings for local kids aged 12+. The series’ materials are here: https://notion.moontowermeta.com/investment-beginnings-course This…

4 weeks ago

Moontower #313

In this issue: The “three pitches” rule and a lazy man’s framework for getting in shape Things that popped from…

4 weeks ago