The Luckbox Bookshelf

New and not-so-new books that captured our attention this month Cultish: The Language of Fanaticism By Amanda Montell It might seem that Heaven’s Gate, a religious movement of the late ‘70s, doesn’t have much in common with Peloton leaderboards, but Amanda Montell sees the connection. Both arise from America’s all-out obsession with cults, she maintains. Backed … Continued

Is Amazon Good for Small Business?

Intelligence Squared U.S.invites some of the world’s brightest thinkers to debate issues of the day. The organization was founded in New York in 2006 to promote intellectual diversity by fostering respect for differing opinions. The debates are organized in the traditional Oxford style. The side that convinces more audience members to embrace its arguments wins. … Continued

Be the House

It’s common knowledge that casino games favor the house. A new book teaches active investors how to be the house by trading options, and betting small and often, to shift the odds to the trader’s advantage. Table games at a casino typically have maximum bet sizes.  By capping bet sizes, the casino aims to increase … Continued

Prime Gets More Pricey as Amazon Reports Record Revenues

Amazon shares closed up 13.5% Friday despite news that Prime membership costs will increase for the first time since 2018. If there’s one word to describe the buzz about Amazon today, it’s “up.” Reported revenues? Up. Stock price? Up. Prime membership costs? Going up. Diving into the numbers, the e-commerce titan’s stock price soared over … Continued

Luckbox Leans in with Phil Tetlock

Philip Tetlock, a professor at the Wharton School of the University of Pennsylvania, has helped a generation of forecasters hone their prediction skills. At the university’s Good Judgment Project, Tetlock worked alongside his wife and research partner Barbara Mellers to form a team of forecasters so accurate that they outperformed intelligence analysts who had access … Continued

LUCKBOX READERS VS. MARKET EXPERTS

The Luckbox editorial team uses polls to gauge reader sentiment ahead of every issue. This time, the editors posed the same questions to a panel of financial experts. Here’s how the results compare.  What will the March Consumer Price Index (to be released mid-April) look like?3%-4% Chris Beauchamp: Pricing pressures are likely to moderate as … Continued

Is Cancel Culture Toxic?

Intelligence Squared U.S.invites some of the world’s brightest thinkers to debate issues of the day. The organization was founded in New York in 2006 to promote intellectual diversity by fostering respect for differing opinions. The debates are organized in the traditional Oxford style. The side that convinces more audience members to embrace its arguments wins. … Continued

High Art

Everydays—The First 5000 Days, a JPG file created by the digital artist known as Beeple, sold a year ago at an online Christie’s auction for $69.3 million. The price set a record for an artwork that exists only digitally as a non-fungible token (NFT). That’s a lot of money but far short of the value … Continued

Should We Expand the Supreme Court?

Intelligence Squared U.S.invites some of the world’s brightest thinkers to debate issues of the day. The organization was founded in New York in 2006 to promote intellectual diversity by fostering respect for differing opinions. The debates are organized in the traditional Oxford style. The side that convinces more audience members to embrace its arguments wins. … Continued

Luckbox Sold an NFT

Proceeds from the NFT charity auction, which ended on Veterans Day, went to coding bootcamp for veterans Code Platoon. The Luckbox team in August announced the creation of an NFT charity auction as part of its cryptocurrency-themed issue coverage. Three months and more than 10 bids later and the auction officially ended.  Longtime tastytrader Kartik … Continued