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  • 👴 Bitcoin for Boomers

    January 11, 2021 •
      about the economy

    Boomers don't get Bitcoin. It's not their fault that they don't get it. They've never seen anything like it.

  • 🧙‍♂️ Harry Potter & The Fourth Turning

    August 1, 2020 •
      about the world
      about the economy

    Last time I was at Hogwarts, I got to sneak a peek at the Sorting Hat. You know, the hat that goes on each student's head while the student is like...

  • 🕹 The Fed Doesn't Control Interest Rates

    May 14, 2020 •
      about the economy

    It was a crisp morning – June 28, 2000. The birds were chirping and the Federal Reserve governors were gathering for an FOMC meeting when Fed Chair Alan Greenspan admitted rather nonchalantly that...

  • 📉 Why Hedge Funds are Screwed

    March 23, 2020 •
      about the economy

    Hedge funds and banks use a metric called VaR (Value-at-Risk) to calculate their levels of risk. They do this on individual asset levels, portfolio levels, and entire company levels. This helps them understand how much $ they need to keep in reserves so they don't go bankrupt.

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