Category Finance
The Yield Curve
The yield curve is one of the paramount statistics for investors and policy makers to consider, yet as true with many things, it doesn’t mean all that much to me unless I can visualize it in a compelling format. First, I gathered 15 years of daily treasury data for short-term and long-term government bills to […]
Decision Analysis
Trading is a zero-sum game, there must be a loser for every winner, so you might think that either you can be only wrong or right for any given trade. A trader friend of mine broke down for me the decision analysis process he takes when evaluating his performance. He argued that it is not […]
Funding the Future
One of the most fascinating current phenomena is the effect that the venture capital market has on the economy as a whole. As Bill Gurley noted at a recent Goldman Sachs technology conference, “FOMO” in the private markets is fueling valuations. As companies evaluate the tradeoffs of staying private to protect their business focus or […]
The Alchemy 