How to BE the Insurance Company

I wrote a few weeks ago that the economics of writing options (i.e. selling options that you intend to let expire or buy back at a lower price) are a lot like those of an insurance company. Yes, there […] Continue Reading…

Today on Straight Talk Money: Elon Musk’s Tesla Turnaround and More

I joined Peggy Tuck today on Straight Talk Money, and at the top of the agenda was Elon Musk and Tesla (TSLA). Tesla reported its worst loss in history, yet shares rallied hard as a more conciliatory Musk promised […] Continue Reading…

The Top 10 Presidents of All Time (At Least According to the Stock Market)

A more comprehensive version of this article covering all presidents back to 1889 was originally published on Kiplinger’s.

Mount Rushmore features massive 60-foot-tall busts of celebrated presidents George Washington, Thomas Jefferson, Abraham Lincoln and Theodore Roosevelt, each chosen for their […] Continue Reading…

Tiny Houses, Tiny Wallets

This post originally appeared on The Rich Investor.

My buddy Ari was a self-made millionaire by his early 30s. But he didn’t earn his nest egg the way you might expect.
It seems like most of the young and well-to-do hit […] Continue Reading…

Competing with the Quants

I was having a drink a while back with my friend and fellow Rich Investor contributor John Del Vecchio, and we were reminiscing about how much this business has changed since we started our careers.
John is a forensic accountant who knows […] Continue Reading…