Education Investing

Intro to Behavioral Finance

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I predict that in the not-too-distant future, the term “behavioral finance” will be correctly viewed as a redundant phrase. What other kind of finance is there? Richard Thaler, Founding Father of Behavioral Finance Investors often make irrational choices when managing their portfolio investments. Such choices are fueled by an array of fears that the human […]

Economy Education Investing

Intro to Game Theory

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What do going to the movies, chess, rock-paper-scissors, football, and international trade have in common? The answer is game theory. What many people may view as normal occurrences may in fact be part of an intricate web of decision-making from many people. Most people associate game theory with the Prisoner’s dilemma or the Nash equilibrium. […]

Bonds Investing People

Analyzing Bill Ackman’s $2.6 Billion CDS Trade

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Many financial enthusiasts have most likely heard of the film The Big Short, adapted from the book by Michael Lewis with the same title. The story follows one of the greatest trades in Wall Street history where a hedge fund manager, Michael Burry, from California predicted the financial crisis of 2008 and made his investors […]