Topics
Meet the SPAC: IPO 2.0
What investors need to know about the recently resurrected investment structure For decades, the Russian proverb “Trust, but verify” has guided the United States in…
SPAC Bubble Babble
Don’t worry about the market’s supposedly overheated penchant for SPACs. Worry about the armchair SPAC experts. And consider the risk-free WeWork trade. In August 2019,…
SPACs Have Their Moment
Wall Street is spitting out special-purpose acquisition companies at a frenzied pace—but let the buyer beware By now, nearly everyone who’s interested in finance has…
A Six-Pack with Mark Yusko
An institutional investor answers six questions on SPACs Mark Yusko founded Morgan Creek Capital and now serves as the firm’s CEO and chief investment officer.…

Liquid Assets

Outer Spirits
A stellar space race for potables is underway While the billionaire bosses of Blue Origin, Virgin Galactic and SpaceX battle for space tourism bragging rights,…

The Normal Deviate

Volatile SPACs: Welcome
As low-cap stocks, SPACs have built-in volatility. That’s a good thing.  During the past year, special purpose acquisition companies (SPACs) have grown in popularity, not…

In the News

The Prediction Trade

The Cost of Overconfidence
Hubris erects a barrier to good forecasting. Unchecked, it could prove expensive.  With SPACs all the rage, it’s important not to get too carried away…

The Last Picture

The Last Picture
Retirement Ink Comes Pensioner Vladimir Sedakov, pictured here at his home in Yekaterinburg, Russia, says he’s determined to cover his entire body in tatoos. In…

Financial Fitness

Superhero Status
In the world of fitness, speed doesn’t kill, size does. Invincible. Unstoppable. Like Superman flying through through the night, lead arm extended, there is nothing…

Trades

In the News

The Technician

SPACtacular Growth, Mixed Returns
The “blank check” companies known these days as SPACs, or special-purpose acquisition companies, have enjoyed an astonishing burst of popularity. Check out their growth below,…

Macro

US-China Trade Impacts Aussie Dollar
U.S. equity indexes have hit historic highs, but the price action included periods of drawdowns throughout last year. Some drawdowns were related to negative U.S.-China…

Do Diligence

Special-Purpose ETFs
Despite the tragic events of the pandemic, many fortunate households have struggled with only one issue: boredom. Working or studying from home, financially stable Americans…

Futures

Make up for Missed Opportunities
Believe it or not, the market for U.S. dollars bears some similarity to GameStop (GME) stock. How? Both rallied from historical lows to start 2021,…

Cherry Picks

For Moonshots, Avoid ETFs
Sometimes traders strain to achieve a “moonshot.” They dream of picking a single stock that quickly moves from $1,000 to $100,000. But they shouldn’t expect…
Tactics
YOLO Fever
Buy stock in multiple companies to increase the chance of picking a winner and lessen the pain of choosing a loser
Trading Options Using Volatility Metrics
When trading options, investors and traders have a plethora of data at their disposal to assist with trade analysis, including Implied Volatility Rank and Implied…
Calculating Correlation
Here’s how to compute the relationship between two stocks without having to leave home. Market correlation helps traders understand the relationship between two stocks or…
How Much Volatility Is Too Much?
Risk increases if a stock is too volatile or makes price moves far outside of what’s expected Options traders often gravitate toward highly volatile stocks.…