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There is a saying... live by shorting vol, die by shorting vol. This actually caused so much tension between the Niederhoffer brothers, that finally Roy split up with Vic, and went off to set up his own fund, taking the LONG side of vol instead of SHORT which seemed much safer a bet to him...

Zuck keeps doubling-down into an infinite-loop in the Metaverse like Cathie Wood does in ARKK.

The apology video is quite cringy and comes across as a spoof. However, Cordier obviously was not in the right frame of mind, having just lost everything, not just a lot of wealth, but his credibility, etc. Also, he wasn't the only hedgefund manager who blew up after being on CNBC. There have...

I noticed that, particularly during the pandemic when discord investment/trading groups sprang up all over the place. Seemed all were run by Millennials and it was strictly forbidden to say ANYTHING that didn't worship Tesla for example. You couldn't even criticize or mention things such as the...

I am quite happy to sit on my staking dividends (3-4% APR) for the next decade :) In fact, I'm about to violate my recent rule regarding no more purchasing of cryptos, and start filling up even more ETH. However, as for my registered-accounts, I am still focusing primarily on real-estate based...

I've still got that on my reserve list with the library. Unfortunately, there's a bunch of people ahead of me waiting on all the copies, lol. I'm still on chapter III in the Cramer book, it's ok so far. Also, I just started reading Bloomberg by Bloomberg tonight, so far it's interesting. Never...

I was just thinking the other day that BTC is getting close to reaching the 1.5x decade time-line. In the speeding world of cryptos, that's pretty ancient, and one can argue has stood the test of time. However, unless smart-contracts are banned, I still prefer to put 95%+ into ETH.

Additionally, Goldman Sachs is set to unveil a data service created with global index provider MSCI and crypto data firm Coin Metrics that seeks to classify hundreds of digital coins and tokens so institutional investors can make sense of the new asset class...

Don't worry. Our problems of shittery will be resolved once Biden completes his promise to end US Gas/Oil companies from making any profits for ONCE and for ALL. :D How DARE they finally make a profit, now that there is a war in Europe (instead of elsewhere every day). In any case, as Schiff...

I've been trying to find an english version of the book by trader Jerome Kerviel. Unfortunately, I can only find it in French and German editions. Have no idea if it would appeal to me or not, but I can sure tell you he caused one hell of a shit-show. Almost Kinda like Brian Hunter did at...

I had a lot of driving to do on Friday, so loaded up with some extra audiobooks in addition to my other reading this week: Socrates In 90 Minutes By Paul Strathern Quick and basic audiobook. St. Augustine In 90 Minutes By Paul Strathern Another quick and basic audiobook. financial statements...

I watched a few vids a few years ago on YouTube, and that was about it... In the end... I don't think these 'businesses' really do well.

Since I am always harping on Cramer on this forum, I guess I will say something positive for once... I am reading one of his books 'Get Rich Carefully' or something like that. I'm still in the early phases, but so far he talks intelligently here. And I do like some of the history he mentions...

One thought...if/after Musk brings free-speech to the platform... Google is very liable to ban it from their app store like they did with Truth Social?

Seems defending free-speech was costly here to Musk. In any case, good luck to him. I keep thinking now to Barbarians at the Gate. I only just recently watched that film, and I did not quite enjoy it as much as I hoped. At least it was educational.

The tech-wrek is a good thing. Could you imagine how highly insane crypto would be right now without the market corrections bringing it down a few pegs? Also, we got to see a few big-boys who were swimming naked.

Many months back, I had mentioned this Metaverse shit is just a re-hash after the flop a generation ago prior. But... seems there is no end to people who are re-discovering this now as some new thing and think that THIS TIME IT'S DIFFERENT. I invite anyone who bought into the current verse-hype...

Oh well, another Jim Cramer stock pic repeats history AGAIN. So much for Metaverse 2.0 https://www.zerohedge.com/markets/100-billion-zuck-bucks-eviscerated-meta-bet-bombs