Author: Colby Davis
The Line Between Aggressive and Crazy
Suppose I offer you a bet. Flip a coin, heads you lose your entire bet, tails you win it back plus one and a half...
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“Make it a Quadruple”
This month, the financial press has been abuzz with the latest case study in Wall Street’s storied history of feeding speculative frenzies: the quadruple-levered ETF....
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A Permanent Bear Market in Fossil Fuels?
In my last post I wrote about how the financial industry, led in particular by asset manager BlackRock, may begin putting pressure on the private...
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BlackRock Goes Green
When it comes to the financial markets, I am a perennial optimist. Investing not only makes us richer in the long run, it makes the world...
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Snap and Sucker Bets
Imagine I offer you the following deal: I will sell you a promissory note so I can expand my business. The note will be subject...
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Culture, Investor Behavior, and the Market
Investors, being human, are not always perfectly rational, but sometimes make decisions that are influenced by their emotions or cognitive biases, which can effect market...
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Party Like it’s 1929
The S&P 500 finished the year up 11.96% for 2016, marking the eighth straight year in a row the US stock market has posted a...
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Postmodern Finance Part 8: Peace, Love, Happiness, and Arbitrage
Imagine an alien race with no concept of money was observing the earth from afar, trying to understand us humans. What might they say about...
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Trump and Capitalism’s Wild Week
Last Tuesday, 18.9% of Americans made their voices heard and elected Donald Trump as 45th president of the United States.[1] What immediately preceded and followed the...
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Postmodern Finance Part 7: 21st Century Personal Finance
It’s 2016, extreme poverty is on the verge of disappearing from the earth, private companies are planning manned flights to Mars, you’re probably reading this...
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