What’s a Fat-Tail Put Option?

Option players, please be patient while I try to explain this to non-option investors “…In Plain English.” First, let me start with an example/quote about a Fat-Tail Put Option: If one offered investors a fat tail put option that never decays or expires, costs...

Which Market Runs Out of Money First?

By now you should be aware that the good ole’ USA is in debt to the tune of over $21 TRILLION. It’s mathematically impossible to pay off our debt. But Wait! There’s good news here if you’re willing to look for it. We constantly look for good news and this case we’ve...

Shame On You, BYU (Brigham Young University)

The recent graduation speech of BYU’s valedictorian (focusing on announcing to the world that he was gay) was an exercise pure in narcissism. Normally, a valedictorian speech is supposed to be about the entire graduating class, not just the valedictorian. They...

No White Men Allowed in 2020

One of the funniest/ironic political themes among liberals today is the fact that Bernie Sanders is leading in the polls. And now we have “Creepy Joe” Biden supposedly coming on strong to challenge Bernie. (We wrote how the Dems have already thrown “Creepy Joe” under...