Blog
Why Markets Move Before the News: The Hidden Impact of Macro Indicators on Asset Prices
You have probably watched it happen in real time. Futures lean lower an hour before a…
Kahneman and Risk: Why Humans Can’t Understand Probability — and How Algorithms Can
We are brilliant at spotting faces in clouds and patterns in prices, less brilliant at judging…
Thinking, Fast and Slow in Investing: How Kahneman’s Biases Destroy Portfolio Returns
Kahneman does not teach us how to outguess markets. He shows why our own minds quietly…
Black Swan Indicators: How to Detect the Improbable Before It Happens
We like to tell ourselves that Black Swans are cosmic jokes. They arrive unannounced, overturn our…
Antifragile Portfolios: How to Build Strategies That Benefit from Black Swans
Antifragile portfolios are built to do something markets rarely reward with kindness: welcome surprise. The point…
Black Swans and Volatility: Why Extreme Events Break Most Risk Models
The everyday market feels busy enough. Prices twitch, headlines flare, and risk dashboards glow with precision.…
GARCH Volatility: When Markets Have Memory
Markets do not forget their last scare. They carry it forward, often quietly, until another surprise…
When Volatility Normalization Doesn’t Work: The Hidden Pitfalls Nobody Talks About
Volatility normalization promises the investing equivalent of cruise control. Scale your positions by recent volatility and…
How Volatility Destroys Returns: The Sequence-of-Returns Effect and How to Fix It
Volatility is not just noise. It quietly lowers the wealth you end up with and, if…
Volatility Normalization: The Hidden Hedge-Fund Technique Behind Simple Formulas
Volatility normalization sounds like something whispered on a trading desk at 6:30 a.m., not a concept…