Newsletter Thoughts

vol trading is easier than directional trading

I want to clarify a statement from my chat with John from Risk of Ruin. I said “vol trading is easier than…

12 months ago

when quitting is ambitious

Let’s hop right into a recommendation. This essay is packed with useful decision frames. If you’ve been with me for…

12 months ago

Moontower #290

Friends, Let’s hop right into a recommendation. This essay is packed with useful decision frames. If you’ve been with me…

12 months ago

what hides in the option chain

We’ve been talking about option funding stuff recently in the paid Thursday issues. Recently, I had a trader ask for…

12 months ago

so you’re interested in trading…

Friends, This is a follow-up letter I wrote to someone who called me interested in learning to trade. Look, trading…

12 months ago

can you read better than a 4th grader?

Friends, Last Sunday morning’s letter talked about reading. The night before at my cousin’s wedding, he quoted CS Lewis in his…

12 months ago

Moontower #289

Friends, Last Sunday morning’s letter talked about reading. The night before at my cousin’s wedding, he quoted CS Lewis in his…

12 months ago

implying the cost of carry in options

This is the follow-up to last week’s the easiest win in options is for stock traders. In that post, we started…

12 months ago

machine-readable

🎙️Media M&A (Business Breakdowns) In this interview, Matt Reustle talks to Blake Saunders, a media investment banking expert and a partner…

12 months ago

how overconfidence and confirmation bias create reinforcing loops

Below is an excerpt from the presentation I did at McCombs Business School at UT Austin. It’s more hands-on to…

12 months ago