Ever wondered how market makers profit from trading with less sophisticated investors? Discover the strategies they use, from payment for order flow to zero-day-to-expiry options, and how it all ties back to the casino business model.
While some argue that U.S. stock market valuations have normalized since the 2000s, recent data showing a 13.7% return since 2010 suggests continued overvaluation or other factors like Fed policy driving growth.
Mutual fund activism is rising, with investors navigating intricate relationships between fund managers, wealth advisors, and institutions. The stakes? A better deal for shareholders.
A lot of people on the outside of finance think it’s just a game of gambling to make the most amount of money as fast as you can. In reality, it’s a game with many different rules, goals, and methods, and “winning” is really about making the most money. Sometimes, trying to make the most money is a guaranteed way to lose.
Cryptocurrencies were heralded as solutions to problems with old financial systems, but do they introduce new ones? Or do they simply face the same hurdles that finance has faced, and surmounted, over hundreds of years of history? And if so, how stable is a “stablecoin”?
There is productive debt and unproductive debt. What’s the difference? One makes a company a great investment, the other is a huge risk factor–but they often look exactly the same. Understanding how to delineate good and bad debt isn’t easy–you might need to use a PIKaxe to figure it out.