Tag: monetary policy

Embracing Speculation: High-probability potential in a speculative world

December 24, 2020

Bitcoin’s detractors often refer to it as a speculative asset. This is partially true - an investment in bitcoin involves a speculation on an inherently uncertain future. But the connotation implied by ‘speculation’ is often unhelpful because it associates bitcoin with fly-by-nights who are merely trying to make a quick buck. In this article I … More Embracing Speculation: High-probability potential in a speculative world

Chris Cole on derivatives, volatility, market structure and regime change

November 17, 2020

Really enjoyed this Grant Williams podcast with Chris Cole. In fact, all Grant’s interviews in this series are worth listening to (more than once). There’s a lot of info I didn’t fully understand in this interview. Options and derivatives aren’t my strong point, but the interaction between these variables, volatility, monetary policy, macro and market … More Chris Cole on derivatives, volatility, market structure and regime change