The Cost of a “Costless” Collar

In the world of options trading, the term “zero-cost collar” often suggests a strategy that offers downside protection without any costs to the investor. However, while the strategy may not require an upfront payment, it is not without an implicit cost…...
Losing Money Safely

Losing Money Safely

You can let fear keep you out of risk assets (stocks), a lot of people do, but they are going higher with or without you. The show will go on. It must. There will be ups and downs as there always are, but the pickle the Fed and our government find themselves in is...

Never Go Full Degen

Speedman: In a weird way, I had to sort of just free myself up to believe that it was okay to be stupid or dumb. Lazarus: To be a moron. Speedman: Yeah. Lazarus: To be moronical. Speedman: Exactly, to be a moron. Lazarus: An imbecile. Speedman: Yeah. Lazarus: Like the...