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What could go wrong exactly? They are fully cash secured. This isn't more risky than owning SPY, albeit giving up almost all of the upside potential.

And that tastytrade clown never questioned her returns nor her nonsensical answers. Never pressed her. "Oh so you just roll down your short puts when the market moved against you?" "Yes." "Ok Karen, thank you that explains your performance. Thank you!"

Anyone remember Taleb on CNBC suggesting people should take 1% of their net worth and buy deep OTM 10y bond puts each month. "It is guaranteed to make money sooner or later because the Dollar will crater and inflation will go through the roof". That was in 2010. Taleb is one of the worst...

Absolutely. A bunch of right-wing conspiracy theorists obsessed with Soros and The Rothchilds. Little education, never traveled outside of their own state let alone their country, few investments or assets, no plans or ambition. Instead just lots of hate. They simply need someone to blame for...

What's crazy is to assume the next 50 years of equity returns will be a carbon copy of the last 200 years.

Because markets like Silver/Nasdaq and crude regularly have 4% intraday moves. Yet he claims a max. DD of half that while being invested 24/7. 10% intraday moves are not unheard of if you look at multi-year horizons. You're delusional (or a complete newcomer; or both) if you're hunting after...

70% returns with a max intraday drawdown of 2% while always in the market, i.e. never flat with 15 trades a year across 8 markets? Your alarm bells should be ringing. You made a mistake in your backtest, most likely peeking at future data or aggressively overfitting your system to a short...

He was on CNBC in 2010 saying he expects 6% real, "just like equities have returned over the last 200 years. There is no reason think the next 200 years will be any different".

Siegel assumes interest rates are static and never change. Just like he thinks that historic real returns were 6% for US stocks so it will remain that way until infinity. He also thinks declining productivity and slowing GDP growth compared to post WW2 USA does not matter. He's delusional.

You're exaggerating. He's trying to get something comparable to the CBOE Putwrite index, he's not asking for a high-frequency intra-day tick-level backtest. Using SPX or SPY historical End-Of-Day option data will give him a very good idea of the cost of implementing a tail-hedge strategy for a...

http://www.optionstack.com/ You can use this service to backtest option strategies using real price data, not synthetic or 'theoretical' option prices. Their historical option data goes back a couple of years so you can get a good idea what this type of "tail hedge" strategy would cost you in...

Free fall as in limit down?

You're clueless. Obviously you skipped your statistics classes.

Luck. Anyone making 100% year after year will blow up sooner or later because the PnL swings will be massive.

That's the irony of financial markets. A blindly speculating put seller gets blown out of the market twice during major market dislocations in 1998 and 2007. Then swears off selling puts for 10 years because its "too risky". In hindsight that turned out to be the BEST 10 year period period to...

That of course is complete bogus. You need to look at GDP @ PPP: http://www.tradingeconomics.com/sweden/gdp-per-capita-ppp

So your point is what exactly? We can't learn any lessons from Denmark (or Finland, Or Sweden, Or Norway, Or New Zealand, Or Canada) because we *DO* allow refugees and illegal immigrants in our country? That makes no sense. I am not saying any of those countries are perfect. They all have their...

Weren't our idiot politicians calling Denmark a "socialist nanny state"? We're one of the dumbest countries on earth: we simply refuse to learn anything positive from others. Our idiotic belief in American exceptionalism has lead us to simply dismiss all other countries as outright failures.

Of course that's way off. Actually the S&P 500 is up 60% in gold denominated terms during Obama's two full terms. That's a big deal considering idiotic Austrian economics tinfoil heads predicted equities will crash 90% relative to gold when Obama was inaugurated.

You have no idea what hyperinflation is. I see this term used out of context way too often.