The Juicy Stuff Doesn’t Hit The Pit
On adverse selection
On adverse selection
Why it took so long for me to start learn about investing
A rare excursion into macro
Defending finance careers
This interview lifts the veil a bit on SIGs trader education program and culture.
Insurance is a surgical tool -- use it carefully
How an option market decomposes probability from expectancy
Trading risk reversals on your bonus
On overlearning lessons
Textbooks are far behind the market meta-game
Knowing something is a bubble doesn't prescribe an easy action
A qualitative appreciation for the asymmetry of shorting
The foundation of all trading
Information games
The problem with buying "low" and selling "high"
Options, volatility, and risk — written by traders, delivered when we publish.