Category: Theory And Training
-
Kyla Scanlon: Tik-Tok, Creator Economies, and DAOs
This week’s guest is the one and only FinTwit/TikTok celebrity Kyla Scanlon. Kyla tells her experience on creating financial content specifically for Tik Tok. She gives us an insight into the creative content grind: how she comes up with ideas, how she produces her videos, managing feedback, mistakes learned, creator wellness and burnouts. Plus we have a…
-
CONDITIONAL EDGE STACKING – HOW TO WIN MORE IN MARKETS
I also believed then, as I do now after more than fifty years as a money manager, that the surest way to get rich is to play only those gambling games or make those investments where I have an edge. ~Edward Thorp What does it mean to have an “edge” in trading… or poker… or…
-
Disposition Effect: Why Most Investors Make Awful Gardeners
Con·trar·i·an (n.) – a person who opposes or rejects popular opinion, especially in stock exchange dealing. Successful investing is an active rebellion against one’s instinctual proclivity to sabotage long-term returns. In a perfect world, investing is like gardening. You cut the weeds (losers) and water you flowers (winners). In practice, investors do the opposite. We…
-
April 2021 Macro Ops Portfolio Review
You must understand the following: In order to master a field, you must love the subject and feel a profound connection to it. Your interest must transcend the field itself and border on the religious. ~ Robert Greene, “Mastery” Alex and Brandon here.April was a good month for the MO Portfolio. We returned a little…
-
Quarterly Deep Dives… Advanced Option & Vol Trading
I remember reading in David Epstein’s terrific book Range a bit about a long-term study looking at fhigh-powered consultants from top business schools and their ability to effectively tackle problems. What they found was that these so-called “masters of the universe” were actually quite good at quickly assessing simple well-defined problem sets; you know, the…
-
Tyler Kirkpatrick: Canadian Value w/ DRM and ACQ
Tyler Kirkpatrick runs the Canadian Value Stocks Blog. He is a production manager at a waste container company that has achieved a 19.19% annualized return from 2016 to 2020, which outperforms the S&P 500 by 53%. In this week’s episode, we get to know him, why he invests in Canada, his best investment yet, his two…
-
Tiho Brkan: Emerging Markets, Alternative Assets & Worldly Wisdom
This week I chat with Tiho Brkan. Tiho is a private investor managing a family office. Tiho provides HNWIs & Family Offices with attractive deal flow from Real Estate (Rehab, Developments, Distressed) & Stock market (Indexes & Sectors) asset buckets. I’m stoked to bring you this conversation. Tiho is an incredible investor, thinker, and…
-
Macro Ops 2020 Annual Portfolio Performance Review
To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride. Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes. ~ George Soros I learned that everyone makes mistakes and has weaknesses…
-
How Nicholas Darvas Made $2M In The Stock Market, A Book Review
Nicolas Darvas didn’t start out in the stock market like most other people. In fact, he didn’t start out in the stock market at all… At 23 years old, Darvas began his career as a dancer, touring the world light on his feet. But when Darvas wasn’t dancing, he was reading. In fact, Darvas consumed over…
-
Winners Evolve..
This will make you sit up in your chair (emphasis mine): In the 1990’s Harvard Business School’s Amy Edmondson performed some research to try to understand some of the qualities that make up a well-run hospital. She was not prepared, however, for one of the results her research produced. After surveying the nurses at eight…