2024-09-27 Steven Hochberg and Peter Kendall The Fed doesn’t set interest rates. Investor psychology controls the movement of rates, and the Fed follows. This article has graphs showing the Fed Funds Rate has followed the 3 and 6 month…
2021-02-01 Brian DeChesare A low spin description of what has happened with GameStop’s stock.
2021-01-12 Eddy Elfenbein Nearly the entire gain of the Dow has come during the first six days of the month.
2020-09-01 Andrew Ghobrial the federal government pays the universities/colleges up front, and the student then owes the government that money. This represented a large shift in the alignment of incentives. When the loans come from the federal gov, there’s much…
2008-10 Paul Graham … investors tend to be less willing to invest in bad times. They shouldn’t be. Everyone knows you’re supposed to buy when times are bad and sell when times are good.
2020-03-03 Dan Heath When you spend years responding to problems, you can sometimes overlook the fact that you could be preventing them.
2019-05-11 Matt Levine [A] Reddit user called MoonYachts who claims to have gotten 250x leverage, putting in $4,000 and turning it into a $1,000,000 stock position. You are not supposed to be able to do this; normal stock market games…
2019-08-22 Fernando Chague, Rodrigo De-Losso, Bruno Giovannetti “We show that it is virtually impossible for an individual to day trade for a living, contrary to what course providers claim. We observe all individuals who began to day trade between 2013…
2019-09-02 Michael Durbin The little known story of an age-old scam.
2019-07-28 Ben Casselman Economists don’t know when the decade-long expansion, now the longest in American history, will end. But here are the indicators they will be watching to figure it out.