From a Monday news item: “Charles Schwab (SCHW 58.19, +2.26, +4.0%) reported a 75% m/m increase in its total number of brokerage accounts.” Wow – in one month!
Author Archives
Hipgnosis Songs Fund is doing a limited subscription offering
…but us U.S. folks aren’t allowed in. Copied from their communication: ‘Re: Hipgnosis Songs Fd Ltd Cusip: G4497R113 Please call (your broker) by cut off 01/27/21 to submit your instruction. Restriction: Persons resident outside the UK may be affected by the laws and regulation of the relevant jurisdictions. Such overseas shareholders should inform themselves about […]
Stock Splits
Stock Splits are going to be in the news now, for a little while. I’d like to see a bit of discussion (especially from the Prof), on how they effect our arithmetic. Obviously, they don’t change the actual value we hold in the moment (though they might cause some temporary market “excitement”). Yet, a great […]
KSHB spike
What happened to spike KSHB, at the close of trading yesterday?
Intro to Options – in a Q&A format
Several folks have requested an ”Options 101” idea. I’m guessing the Prof might be picturing the workload of actually teaching a real semester course! (I for one, might be willing to pay separately for such a course. Anybody else?) Alternately, we could try a much smaller workload model, a thread of single individual questions. Let’s […]
Luckin Coffee (LK)
I’d be interested to hear your opinion about any fundamentals that could be sleuthed out, of Luckin Coffee (LK). I do realize that finding any REAL info might be impossible, just now…
Recent Author Comments
The Climax geared (steam) locomotive was a very cool piece of Mechanical Engineering in it's time. High torque, and very flexible for traversing the rough and crooked temporary tracks of the frontier mining and lumbering industries. And had it's cylinder[...]
Same here! I'm going to wait.[...]
Literally![...]
TTP, I really like your approach to keeping track of the premiums as non-emotional numbers, credit & debit. So I've set up a little spreadsheet to facilitate doing the same, complete with monthly totals, etc. I found easy clarity in your piece about Theta[...]
"Impact" now means merely "has any slight effect." It used to be something to be avoided, like bullets , or trainwrecks.[...]
I had noticed that about U, too...[...]
Cabot says, among other things "It’s ecommerce sales have grown exponentially from $47 million in sales in 2017 to $823 million last year." I guess I over-do my mourning the loss of the meaning of so many words these days - but I can still even remember [...]
Yes! 'We tend to overstate the influence of presidents on economic cycles.' I've been trumpeting that from the rooftops for years! Few listen. Just like football, it's more fun to cheer on their favorite team...[...]
Thanks for the link to the fact-checking site. A lot of my co-workers LUUUVE to panic about this kind of stuff(!) - usually in conjunction with their political presuppositions. I try to provide a little voice of reason - this article will be helpful in doi[...]
The other two currently in the LockBox are SDGR & DFH.[...]
Now, THERE's a cool handle! What happens if you divide it by zero?[...]
Ok, so Tiptree DOES plan to retain a controlling interest. Now i got it - Thanks![...]
We CERTAINLY don't want it to sound like one of those silly teaser headlines![...]
I don't yet understand how selling off the more valuable subsidiary, Fortegra, is going to increase Tiptree's value - other than to generate some temporary excitement. Who's going to own Fortegra? It seems like that would be the NEW ipo buyers. Does Tipt p[...]
I'm old fashioned enough to think that a name should be descriptive, not just sound dreamy. I was planning to comment that "Lockbox” sounds just fine, (though I'm a bit late now). But mcarey's “Aging Barrel” sounds pretty good too![...]
We've got a desert town of Quincy, WA (it's just north of George)![...]
Ooo - i like that take on Theta! Amazing how much more clear something can seem - just after hearing it stated another way. Also your response to getting exercised: that it's not the end of the world, you just set up another one.[...]
I appreciate your detailed reflections, once again, TTP. I, too, decided to try out a synthetic covered call maneuver. But started small, just one so far, and wound up being a little slow getting around to it. THIS week, that delay turned out to be fortuit[...]
Hmmm... Trying to think through this backwards. We're outside my fields here. Didn't Smith say each person will be working toward their own best interest? That sounds pretty compatible with 'basic human desire!'[...]
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The only thing Orwell got wrong was the date! He was trying to project some unknown distance into the future (so he guessed about 40 years). Picture it now, as 2084. Read the book again! There's a lot in there. Many of the things are clearly happening tod[...]