Friends,| moontower: a stoner dad explains options trading to his kids
Moontower Munchies #123| moontower: a stoner dad explains options trading to his kids
I used a pattern to explain it to my 12-year-old on our car ride on Monday. Start with: 8*8 = 64 Let’s call that a * b It feels like if we subtract 1 from a and add 1 to b multipy it should be close to 64 7*9 = 63 Close but a tad lower. What if we keep … Continue reading how I explained vol drag to a 12-year-old →| Party at the Moontower
I’ll start this week with an abstract idea I’ve been sitting on in my notes for years. And then I’ll take you through the concrete idea that gave it life (and a reason to publish it). The Abstraction Sitting In My Notes Communism doesn’t scale but it can work in small settings where the bonds and … Continue reading I Swear It’s Not Old School →| Party at the Moontower