Macro, micro, and some things in-between
The Role of Parameter Uncertainty in Investment Valuation
Jensen’s Inequality, Estimation Bias, and Innovation Investing (January 2022)
How Modern Market Structure Enables Asset Price Fragility
Market Elasticity, Liquidity Crises, and the “Fed Put” (May 2021)
Trade Idea: Short Microstrategy, Long Bitcoin & IGV ETF
Why MSTR’s scarcity value as a long Bitcoin play in listed equities format will fade (March 2021)
How Fed Intervention Impacts Asset Price Levels
The SMCCF, Noise Trader Risk, and Samuelson’s Dictum (May 2020)
Synthetic Friday 