Risk and Edge
Liquidity Ostrich
Thoughts on how we perceive risk and liquidity
Latest
How Markets Work
The Paradox Of Provable Alpha
What's more likely to have alpha: systematic or discretionary conditional on you being allowed to invest?
Risk and Edge
Calibrated Confidence
Being a strong bettor requires well-tuned meta-knowledge
How Markets Work
The Investing Version Of “Nothing Good Happens After Midnight”
Don’t obsess about investing beyond the point of diminishing returns.
How Markets Work
Portfolio Theory In The Wild: Funding YouTube Creators
More life-applied portfolio theory
Risk and Edge
An Example Of Using Probability To Build An Intuition For Correlation
How probability relates to correlation
How Markets Work
Trading Is A Team Sport
The lone genius trader is a myth
Options Theory
Celibacy Vs Condoms: The Answer To Whether You Should Trade Options
Options are surgical tools. They are priced for specificity. What to consider before bothering with them.
Options and Volatility
An Example “Options Relative Value Trading Framework”
The professional inspiration for moontower.ai
Risk and Edge
Bet Sizing Is Not Intuitive
Even people that should no better bet sums that are wildly suboptimal
How Markets Work
Trading Vs Investing
Understand what you are actually doing
Risk and Edge
Another Kind Of Mean
Harmonic means for ratios
How Markets Work
Excerpts From Benn Eifert on the Odd Lots Podcast
An insightful interview with the QVR option fund's founder
How Markets Work
The Juicy Stuff Doesn’t Hit The Pit
On adverse selection
Risk and Edge
The Benefit Of Betting Culture
Practicing confidence intervals
How Markets Work
My Investing Shame Is Your Gain
Why it took so long for me to start learn about investing