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That link is not about his Nobel, which he won in 2008. You sound like you see yourself as a victim.

I’m glad you seriously thought about pursuing a PhD in economics. Truly. Paul Krugman won the Nobel for his work on economic geography, which is quite brilliant especially in today’s climate.

You can find one using the cboe website, but until you can do the math in your head, it's very helpful to test assumptions and see what would happen. What they normally look like: Bloomberg: Eikon:

TOS doesn't have an option pricer yet?

TipRanks is ok. I'm on Bloomberg and they also have an analyst ranking system. Qualitative weighting tips: 1. Bulge bracket analysts tend to have more weight on average (e.g. your goldman and citi analysts) than others because their clients are buy-side institutions (hedge funds, mutual funds...

Just war theory pre-dates Christianity lol...

Lol better look like an idiot than you open your mouth and remove all doubt. What do you think happens to a company’s revenue when gdp rises? How does an improving economic situation change the way corporate managers make investment decisions? What drives interest rates and what is their...

@katrx84 i would take a look at Romer too, his book is very popular as a primer for masters and PhD econ programs.

Stats and calculus are covered in the GMAT (required for MBA programs). You really don't know what you're talking about. Warren Buffett has an Msc. in Economics from Columbia... Going back to my original point -- I didn't say you needed to be able to do differentials in your head. You do...

A better strategy is trading momentum on sector etfs. You can overlay a discretionary approach to time beta as well (based upon valuation or where we are in the cycle). But I know a few sma managers that run strategies like this for clients and it does well.

Peter Lynch did his MBA at Wharton — you bet he took stats and calculus lol. :rolleyes: I just don’t get why you think you can make money in a highly competitive market while choosing not to learn about said market.

It was a stale part of a quote in response to someone else. Right, to understand how macro impacts investing, you need to know the concepts taught in macro and microeconomics. For example, to learn how money flows through an economy or how the spread between marginal revenue and costs impacts...

Touché

I doubt you’re qualified to know what’s trash or not in the economics world. I don’t care much for his opinion posts, but his economics stuff is top notch.

Can you prove it lol. And yes stats and calculus is needed to understand economics at a deeper level. Macro doesn’t need to be central to all trading strategies but it does matter to investing.

You’re aging yourself haha. Mankiw does a great job of synthesizing much of economic thought. However, all entry level textbooks are going to be limited in that the book is written for people who have not taken stats or calculus.

The concepts that drive the scenario you’re talking about are rooted in the market factor and the momentum factor. If you’re a business person doesn’t it make sense for you to know your product lol? Don’t be the last person to realize you’re holding a dog. Learn about the drivers of returns...

I recommend picking up an old textbook by Greg Mankiw, The principles of macro/micro, and then just read the chapter summaries. He teaches economics at Harvard and his textbook is considered the standard for entry level economics. I wouldn’t read Von Mises until after you have a better grasp...

You won't be able to front run them because another hedge fund with a team of PhDs is already doing that. The advantage you have as a retail trader is: 1) It is your capital, you set your risk and volatility limits. 2) You are not constrained by capacity (unless your size is 10k+ shares etc) --...

The thing is you are not teaching a transferable skill. If you look at trader jobs, why don't they ask for success in trading "breakouts" and "price action"? Ask yourself seriously if you are preparing your students for any of these real job postings below: Citadel is hiring a trader...