I’ve always found it amusing that the most commonly traded options, American-style equity options contracts, are considered “vanilla”. Because they…
On Nov 26th, Imran asked his followers would what more likely to double in the next year — gold or…
Horse tweeted: The moment you see a bet on a platform like Kalshi, Polymarket, or the soon-to-be Robinhood+SIG exchange, your…
A friend was asking me how to deal with a loved one who had put nearly all of his assets…
Last week, in part 1, we backfilled prerequisite knowledge: Distance in return space: equal percentage moves aren’t equal in compounded or…
“They” say human labor will be irrelevant by 2027. By then, any business you can think will be solved by…
Moontower.ai Announcement The only sale moontower.ai has per year is underway. A 20% discount applied to all new plans as…
A traditional way to think of a stock price is the expected value of its future prices weighted by their…
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,…