It was ‘convexity week’ on TILS. After this tweet, a lengthy and insightful debate started on what convexity means. At the same time, PortfolioCharts posted a link to this Italian blog where the author explains…convexity (there is an English version of the blog but I couldn’t find the link to Read more…
Two years ago I wrote this post about weird ETFs I own. Two years already?!? It does not feel it was so long ago…and in fact, I was sure I included an ETF…that I cancelled from my Bloomberg launchpad three days ago and now I cannot find it anymore, great. Read more…
Recently I read this article by Larry Swedroe on how after 2008 became really hard to invest in an hedge fund that will provide a meaningful overperformance (if any at all). HF were providing real alpha before that date and there is plenty of research (and movies and books…) to Read more…
I found this blog one year ago thanks to Nick Maggiulli; I am quite fond of it because it provided me the solution to my quest for leverage: Interactive Broker. I spent some years looking for a bank that would accept to give me leverage holding my stock portfolio as Read more…