Negative Prices Make Sense
A Recipe For Overpaying
Prices Are More Than Expectations
Investing Is Biology Not Physics
Market Mutations
Dinosaur Markets
A Thought Exercise For Outsourcing Liquidity Risk
Distributional Edge vs Carry
The “No Easy Trades” Principle
Snowflakes vs Lemmings
On Contrarianism
The Juicy Stuff Doesn’t Hit The Pit
Excerpts From Benn Eifert On The Odd Lots Podcast
The Paradox Of Provable Alpha
Practice Second Gear Thinking
Beating The SP500 > Winning The NBA Title
Option Lenses
Reflections On Getting Filled
The Creep of Arbitrage Means Investing Is Mostly A Faith Exercise
Markets As Biology (Comparing Through Time)