Risk Depends On The Resolution
Volatility depends on sampling period
Using The Right Rulers
My notes on 2 books about measurement
5 Takeaways From Todd Simkin on The AlphaMind Podcast
More lessons from SIG
The Midpoint From 1 to 9 is…3?
numeracy practice
A Simple Demonstration of Return Vs Volatility
Volatility is a quadratic drag on returns
Insights From The Warrant Puzzle via Financial Hacking
Financial Hacking is one of the best books applying intuition to common problems in trading and investing
Understanding Log Returns
The basics of log returns
Geometric vs Arithmetic Mean In The Wild
Using SP500 returns to distinguish geometric (compounded) returns from average arithmetic returns
Well What Did You “Expect”?
Understand the meaning of "average" when returns compounds
Examples Of Comparing Interest Rates With Different Compounding Intervals
Translating rates of return over different time periods
Liquidity Ostrich
Thoughts on how we perceive risk and liquidity
Calibrated Confidence
Being a strong bettor requires well-tuned meta-knowledge
An Example Of Using Probability To Build An Intuition For Correlation
How probability relates to correlation
Trading Is A Team Sport
The lone genius trader is a myth
Bet Sizing Is Not Intuitive
Even people that should no better bet sums that are wildly suboptimal
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