One of the highlights of the past week was spending a few hours with sake apprentice Jorge Navarette. I will do a fuller write up on his awesome story when I compile a guide to Japan based on our trip but I will just say that Jorge is probably the most knowledgable American citizen on the subject of sake. Meeting him was pretty much an accident as we just took a tour where the hotel concierge sent us but he had only been there since July.
But here’s some knowledge you can use today if you like sake or want to get into it.
Yamazaki 12 went up 6x in price but this was like table whiskey before that! Jorge had been drinking it for over 20 years when it was 25 a bottle.
Let’s start with this YouTube/Podcast episode where Erik and I discuss hedging. Delta Hedging Cost…
As of 7/21, Substack has a Pangram integration to scan for how much of a…
In this issue: Slop. Counterslop. What are retail option traders up to? Hedging is for…
To piggyback off David Epstein’s explanation of chunking, I’ve discussed the technique several times in…
If you construct a portfolio from 2 stocks and one is $100 and the other…
In this issue: Experts make decisions faster than they can process. How? How I teach…