MANU

You are brave........but foolish

[MANU @Manthatiswell]

@RealGasFundies How come you think Dom in particular will pick up?

[MANU @Manthatiswell]

@dieworkwear As if fashion is anything more than consumption. Fashion ceases to exist without consumption. It may be considered art but only conditionally.

[MANU @Manthatiswell]

@Merridew__ Nice!

[MANU @Manthatiswell]

@Jesse_Livermore agree, hes cracked

[MANU @Manthatiswell]

@NecktieSalvage so you wrote a few paragraphs but dont actually recommend anything in the article? come on...

[MANU @Manthatiswell]

@S_curvecap put your phone away in another room and pick up a novel, preferably something written before 1990. master and commander is a cool book.

[MANU @Manthatiswell]

@RoyalSerf I like the guy and I like what he has to say but this must have been taken in the early 2000. He was dead wrong. This must have been 10-15 years before peak woke

[MANU @Manthatiswell]

@UbermenschMind This sort of thing stopped happening in the 70s bc everyone thought it was really gay.

[MANU @Manthatiswell]

Just look at the history of ratio of realized to implied vol. vol sellers command a vol risk premium. Unless you are really good at timing spikes in realized vol you will come out having overpaid for the vol (as in the implied will have been > realized over same period). So basically “finding cheap vol” ends up being heavily correlated or even the same as timing the market really well

[MANU @Manthatiswell]

Just look at the history of ratio of realized to implied vol. vol sellers command a vol risk premium. Unless you are really good at timing spikes in realized vol you will come out having overpaid for the vol (as in the implied will have been > realized over same period). So basically “finding cheap vol” ends up being heavily correlated or even the same as timing the market really well

[MANU @Manthatiswell]

Finding cheap vol is the operative phrase and doing that is the really hard part. It’s really hard to know ex ante id vol is in fact cheap. Most of the time it’s not. Most of the time it’s fairly priced and even expensive. The guys selling the vol in question are generally not idiots

[MANU @Manthatiswell]

@_Apollosol Why is the CIA letting this fly

[MANU @Manthatiswell]

@TimothyEveland @SantiagoAuFund Brother that’s not Lego that’s playmobil

[MANU @Manthatiswell]

It’s so interesting because the same retention stats hold for the bottom tier bucket shop trading firms like T3/chimera/kershner etc. they hire 3 classes of 20 kids/year and 10-20% actually make it past 2 years. The ones who stick around can earn well. Somehow pods are more “prestigious”

[MANU @Manthatiswell]

@negligible_cap MIAX is such a dogshit exchange. I’ve had to trade their listed products before. Ass.

[MANU @Manthatiswell]

@TheStalwart Yeah and it’s genuinely one of the worst exchanges I’ve had to deal with

[MANU @Manthatiswell]

Better way for the prof to deal with it would have been to tell the kid to hang back for a sec after class and say hey man I love the participation, but just want to clarify with you the meaning of ontological or whatever. Enough ppl don’t put in effort as it stands no need to put ppl down especially as a professor

[MANU @Manthatiswell]

@cloneristic Interesting and yet incredibly bitchless take

[MANU @Manthatiswell]

@HayekAndKeynes Guy spent too much time painting his fingernails not enough time trading vol apparently

[MANU @Manthatiswell]

@DeepDishEnjoyer This is what happens when you post about leather jacket and goth bitches too much