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They will regulate but not stop it. Why would they? All facebook wants is to create a glorified ETF of currencies and short-term bonds in which the shares can be transfered between people. Its not that much different from what paypal does. As a long as they do KYC (and Facebook has a lot more...

OP, Its called black swan protection

This FB Libra thing could be huge. There will be 2 billion people exposed and familiarized with the world of crypto. I bet there will be Libra/BTC pairs in all major crypto brokers. Some of these 2 billion people will think 'I can own libra and retain my value or own BTC and get rich, bitcoin...

BTC continues to push strongly, paying dividends to all of those that bought on the way down when it was unpopular like I did. Idiots like Hempton now have an egg on their face (although I'm sure he has plenty of excuses). Galaxy digital is also doing well. I will sell when Kathy Perry talks...

https://www.cnbc.com/video/2019/06/07/stanley-druckenmillers-full-cnbc-appearance-squawk-box.html

The UBER IPO is a downround vs the last VC round. Its even worse when you consider that the term 'downround' is usually used when talking about private rounds, when the IPO itself is a downround its that much worse. Even the 'liquidity premium' wasn't enough to get the price above the previous...

No. "To reiterate, we aren’t offering any comments on the relative merits of these; we are just giving you a sense of the range and the number of historical cases that, if we were in the position of policy makers, we would be looking through. "

The SEC seems to have started a more open regulatory stance to ICOs and this has been leading to a pop in BTC. Perhaps this more open approach will lead to the ETF approval in the next 12 months

OP, I wrote an article for the 2+2 Magazine a few years ago, about transitioning from poker to trading. I republished it on SA when they gave me back the rights. It might be helpful for you...

I believe quantifying and creating rules is a good idea, however, I would still leave room for discretion. To me, its like chess, the best players these days are the computers, but if you combine a computer with the best human player, that's actually a more powerful combination because the human...

Thanks of the question. As I understand there are two main ways to boost returns while still remaining risk concious: 1) The one you mentioned. Which is to lever up a 'optimal' AA all weather style allocation. This is method preferred by Dalio in his passive fund. It does make sense in theory...

I like to get involved in Fed futures when I see a big discrepancy between market expectation and what I think the Fed will do. At this time, with the Fed signaling dovishness, I find it tough to bank on the long side there. If they were being studborn hawks there would be an easy trade there...

You had to pay for the borrow during the whole period?

I bought Galaxy Digital stock at $1.08, it now trades at $2.50. Crazy. Yes, there is still money to be made on crypto!

https://www.bloomberg.com/opinion/articles/2018-04-11/-go-to-zero-isn-t-great-for-short-sellers

A Delaware entity might be exempt from state tax (IIRC) but it will be subject to US federal tax. So do dividends will be taxed, furthermore you will probably have to pay an accountant to do the taxes in addition to the annual costs for the entity, raising the costs further

Buying Fed Funds futures during the US financial crisis and the years after. This was before the Fed gave out all the exact guidance they give now. I was still inexperienced and learning about trading but I was able to see that it was literally free money and sized accordingly

No, at IB I'm just buying UST bonds

Buffett has been doing it for longer