In light of graduation season, this week’s material has been focused on a mix of inspiration and general course of…
US bond yields are rising as inflation re-enters the conversation. The 10-year yield is up to 4.65% and 30-year bonds…
I went to Catholic school for K-12. Public schools were less than good where I grew up. My kids go…
If you reside in the quark-sized intersection of people who read this letter but don’t follow the market, I’m informing…
I sold a house in the DFW area in 2022. Instead of a mortgage, the buyers financed the purchase via…
A few quick hits to start Welcome to Scamerica I remember on the NYMEX, when certain brokers would mosey into…
A well-supported and common belief in the options world is that there is a premium of implied volatility to realized…
Trader is a broad term. Uselessly broad if it encompasses jobs from the Vanguard employee who sends the rebalance order…
In this issue: cross the “bridge of asses” scaling laws of risk reduction “research collector” skill The “Bridge of Asses”…
Vivek emailed me a simple question after reading yesterday’s does revenue seasonality translate to vol seasonality? post: Why not just compute volatility from…