The 10th Man, September 2015

It’s Always 1982 Somewhere

September 24, 2015

First, let’s get the gloating out of the way. I said that the Fed would not hike rates here and here. Nobody likes a chest pounder, so that’s the end of the discussion.

Trading 201: Position Sizing

September 17, 2015

This is going to be the last of the trading lessons for a while. I don’t want to turn this into a trading blog, and there are important macro things to talk about (especially next week).

The Certainty Equivalent

September 10, 2015

One of my students met me in my office the other day. He is a ROTC cadet; that’s Reserve Officer Training Corps, in case you don’t know.

Chokin’ on the Splinters

September 3, 2015

It’s been a tough couple of weeks.