Risk and Edge
Talking To The Diamond Hands
Understanding the psychology of concentrated risk-taking
Risk and Edge
Understanding the psychology of concentrated risk-taking
How Markets Work
A qualitative appreciation for the asymmetry of shorting
How Markets Work
The foundation of all trading
Options Theory
The broad trade-offs when trying to isolate volatility bets
Risk and Edge
Seeing the present clearly
Risk and Edge
Risk is more than a single measure
Risk and Edge
A market-based thought exercise for pricing the value of liquidity
Risk and Edge
See how the path of returns can alter the distribution of p/l independently of expectancy.
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