Risk and Edge
Lessons From The Layup – Corner 3 Spread
Practice relative value thinking
Risk and Edge
Practice relative value thinking
Options Theory
How professional option traders trained
Risk and Edge
Math fun relating ideas
Risk and Edge
Convexity is a fancy word for "my position size is not constant"
How Markets Work
Examples of a counterintuitive aspect of portfolio theory
Risk and Edge
How low probability-events restrict advisable position sizes
How Markets Work
Our instincts about the role of correlation are not well-tuned
Risk and Edge
Possible pitfalls of thinking in percents with ratios
Risk and Edge
Compute the amount of dollars required to rebalance a levered exposure
How Markets Work
The brutal arithmetic behind shorting