You're not as smart as you think you are. Why active investing has a role but it's a lot smaller than you think.
Category: Investing
ZIV ETF: how to short volatility
The easiest and safest way to short volatility is to pair it with an asset that benefits from a flight to safety and then trade around the ZIV ETF core position.
GFC: 10 Years Later & Still an Opportunity
The Great Financial Crisis turned out to be the greatest buying opportunity in a generation. While most of the opportunities are long gone, due to regulations that boosted Tier 1 capital ratios there are still two attractive investment opportunities out there.
Pyxus International’s Second Lien Debt
Pyxus International, fka Alliance One International, coordinates the purchase, processing, and storage of leaf tobacco from farmers all over the world and then bundles it all together and sells it wholesale to the major tobacco product manufacturers. They're headquartered in Morrisville, North Carolina and employ about 3,300 people. They recently changed their name to reflect… Continue reading Pyxus International’s Second Lien Debt
Investing with Global Warming
I usually keep a file with random ideas I come across as I’m reading. I use these ideas to try to create two mental frameworks: How the world works; and How the world could work. Simply understanding how the world works is hard enough. Trying to understand how the world could work, and successfully capitalizing… Continue reading Investing with Global Warming
How to Avoid Tariffs
Let me tell you a story about how one company reacted to some accidental tariffs. But first, some background. Tariffs: A Primer A tariff is a tax that is placed on goods that are imported into a country. There are 3 generally accepted reasons to use tariffs. Your country has a nascent industry that you're… Continue reading How to Avoid Tariffs
Enough to Walk Away
Does it ever seem like saving enough money to exit the paid workforce is too daunting? How much does it really take to walk away from it all? How big a pile of loot do you need to walk away? Enough to Walk Away: in 2 parts Part One: How much money do you spend?… Continue reading Enough to Walk Away
