- November 25, 2021
What a Correction Feels Like
The market had been acting funny for a while, and I had a hunch that there was going to be trouble while I was gone, so I bought the 30 strike calls in the CBOE Market Volatility Index (VIX).
Read moreThe 10th Man Archive, November 2021
- November 18, 2021
Fad Stocks
Peloton Interactive Inc. (PTON) was a stock market darling in 2020. Shares rose four-fold, as the company gave people a way to exercise and sort of socialize at the same time during the pandemic lockdowns.
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- November 11, 2021
Investing Is Fun
We all know that picking stocks is a bad idea and that we’re sure to underperform a broad-based index. We know this. We got hit over the head with it in 2016–2017.
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- November 4, 2021
Just Enough to Be Dangerous
Back in the mid-2000s, I was invited to an underground Wall Street poker game in New York City. It was held in the basement of a large restaurant on the West Side. I told the organizer that I had never played Texas Hold’em before, and he said, “Even better!”
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