Karl Denninger, like Nicolas Nassim Taleb and Peter Schiff, is yet another habitually wrong doom and gloom liberal. Until now, I haven’t written anything about Denninger – one of a handful of leftist, anti-fed pundits who rose to prominence during and after the 2008 financial problem. How is he liberal you ask? It’s simple. By… Continue reading Karl Denninger is Just Another Doom and Gloom Liberal
Month: November 2014
Quasi Barrier Options
Quasi barrier options are used to model how stock and option prices react to announced price floors and ceilings. There is surprisingly little literature about this, so I decided to take matters into my own hands and try to develop the options pricing formulas myself. Progress thus far https://en.wikipedia.org/wiki/User:Quasibarrier/sandbox#Problem_Setup Dealing with the put call parity… Continue reading Quasi Barrier Options
Slow News Cycle
15 Reasons Why Americans Think We’re Still in a Recession Some of this sounds like cry me a river. We have to come to terms that in America’s post-2008 hyper-meritocracy a lot of people will be left behind, and there’s nothing we can or should do about it . Stocks will keep going up with… Continue reading Slow News Cycle