• The Volatility Drain
• *Path: How Compounding Alters Return Distributions.*
• Where Does Convexity Come From?
• Do Professional Investors Understand Fees?
• Solving A Compounding Riddle With Black-Scholes
• From CAPM To Hedging
• If You Make Money Every Day, You’re Not Maximizing
• How Much Extra Return Should You Demand For Illiquidity?
• Is There Actually An Equity Premium Puzzle?
• Liquidity Ostrich
• Well What Did You “Expect”?
• Geometric vs Arithmetic Mean In The Wild
• Understanding Log Returns
• I Felt Bad For Picking My 3rd Grader Off
• A Simple Demonstration of Return Vs Volatility
• Thinking In N not T
• Getting Comfortable With Log Charts
• you can ONLY eat risk-adjusted returns
• Seasonal volatility
• Pigs on the Wing: vol tells us nothing about extreme moves