Money Math

Why You Don’t Get Paid For Diversifiable Risks

Recent Posts

collar shopping

At the end of July, Dean Curnutt tweeted: The thread should sound familiar. Weeks earlier, Dean…

2 days ago

Moontower #323

Friends, I’m visiting my family in NJ so Moontower will return August 12th. That said,…

2 weeks ago

the sound of inevitability

The market is 12-15. 12 bid. 15 offer. The broker sizes up the offer. “How…

2 weeks ago

A Christian pagan?

Friends, This is the most viral tweet I’ve ever posted. By a full order of…

2 weeks ago

hedging is for gardeners

Let’s start with this YouTube/Podcast episode where Erik and I discuss hedging. Delta Hedging Cost…

3 weeks ago

Slop/Counterslop

As of 7/21, Substack has a Pangram integration to scan for how much of a…

3 weeks ago