January 6, 2021

What The QS???


Over the past few quarters, I have written about various Event-Driven set-ups. This is because mismatches between buyers and sellers cluster around these events and drive share prices. If you’re waiting for fundamentals to matter, you may eventually be proven right, but you had better be willing to wait. Event-Driven situations are immediate. Why have Event-Driven moves become so much more accentuated lately? I ... Read More
Positions Mentioned: QS
December 31, 2020

2020 Position Review


Lots of people seem to have finance blogs these days. Everyone has opinions on the markets. Once a year, we add up the score and see who got it right. 2019 was something of a whiff for me—I made money, but it was a soft year. Thankfully, I broke out of my slump and knocked the cover off the ball during 2020. While I ... Read More
Categories: Investments
Positions Mentioned:
December 27, 2020

On Riding Freight Trains…


I have a friend who’s a reasonably competent trader. He’s the type who draws his voodoo lines everywhere on the charts. He caught the same trendline break on Bitcoin that I did around $9,200. He expected some resistance around $10,000 and sold out for a quick score just below the figure. He then got the breakout at $12,000 and rode it a few thousand. ... Read More
Categories: Investments
Positions Mentioned: GBTC, JOE
December 14, 2020

Costa Rica…


The great thing about investing is that no one ever forces you to put on a position. I prefer to wait with excess liquidity and find those amazing opportunities that seem to pop up a few times a year—remember how they gave away the store at the lows in March? That doesn’t mean I don’t do plenty of Event-Driven trading as it’s an Alpha-rich, ... Read More
Categories: Travels
Positions Mentioned: TNK
November 24, 2020

Why This Reflexive Ponzi Scheme Will Continue…


Since many of you are sick of hearing about Bitcoin, I promise this is my last post on the topic for a while. That said, I’d be remiss if I didn’t point out the unusually lucrative arbitrage trade that is largely responsible for sending Bitcoin parabolic. I glossed over it in my last post and given the questions that I’ve received, a full post ... Read More
Categories: Investments
Positions Mentioned: GBTC
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