Blog

Selected Quotes: The Money Game by 'Adam Smith'

June 22, 2022
"The Money Game" is a 1976 classic by the pseudonymous 'Adam Smith', (commonly accepted to be George Goodman). Although somewhat dated, it's lessons and wisdom are still very much relevant today if not more. " If you don’t know who you are, this is an expensive place to find out."

4 Basic Hedges

June 2, 2022
When retail investors buy or sell options to they usually do so from market makers. Market makers try to be delta neutral so their hedging activity in response to retail activity can have large effects on the underlying stock price. Learn about these 4 basic hedges and how the market responds to them.

A Primer on the Reverse Repo

May 25, 2022
Learn about what what the reverse repo facility actually is and how it is used as a "sponge" to absorb and release money back into the economy.

How Banks Create Money Out of Thin Air

May 17, 2022
While many believe that banks lend out customer deposits. Modern banks actually create money out of thin air! This article goes into depth on how this works.

5 Types of Money

April 16, 2022
Very few people nowadays deal directly with cash. Like most people, you probably use Apple Pay, Venmo, Debit, Credit, and ACH bank transfers to settle most of your transactions. However you might be surprised to know we’ve already just described or alluded to 4 different types of money!

How to 'Safely' Gamble

March 14, 2022
Did you know, if you don't size your bets correctly you can lose money even on a positive expected outcome game! Learn how to avoid this through an intuitive interactive game that teaches the Kelly Criterion and Gambler's Ruin.

Visualizing Value Investing

January 7, 2022
Theory A is inspired by the strategies and methods laid out in the national bestseller What Works on Wall Street by James O'Shaughnessy. By visualizing a series of value factors and grouping them by decile, we allow investors to intuitvely understand the value of a stock.