How Markets Work
Mermaids, Fireflies, and the Bid-Ask Spread
On ETF and option market-making
How Markets Work
How Markets Work
Life Settlement Arbitrage
A guest post showing how “markets find a way”
How Markets Work
Growth rate = 70% * (doublings/years)
If you can count doublings then you can easily dazzle your friends with how fast you estimate a growth rate for any number of years.
How Markets Work
What Drives The Stock Market
Fundamentals [still] matter
How Markets Work
Index Investing: The Nature of the Proposition
What we can learn from historical performance
How Markets Work
Inflation Replicator
Notes on my personal investing and hedging inflation
How Markets Work
“flippers” vs “warehousers”
types of traders
How Markets Work
Career Advice For Quants
Link to a collection of career resources
How Markets Work
Nah…you just ain’t seein’ the ball
What people confess when they say markets don't make sense
How Markets Work
Getting Comfortable With Log Charts
Visualizing compounding for various rates of return
How Markets Work
Lessons From Ed Thorp’s Interview With Tim Ferriss
What we can learn from Ed Thorp
How Markets Work
The GOAT’s Parting Wisdom
Lessons from Munger
How Markets Work
Bridge of Asses
The replication mindset is the key to upgrading your financial thinking
How Markets Work
5 Takeaways From Todd Simkin on The AlphaMind Podcast
More lessons from SIG
How Markets Work
The Creep of Arbitrage Means Investing Is Mostly A Faith Exercise
The challenge of "long term" investing
How Markets Work
What I Learned About TIPs
The mechanics of TIPs