Thanks for the rationale for the two-sided trade. Co-incidentally, currently reading Edward O. Thorp's autobiography where he explains how Princeton Newport's strategy involved hedging the stock and a convertible security of a single company.
Thank you! The stock and convertible security trade is a classic hedge fund arbitrage trade - same mechanics, but playing a different angle to what I am trying to do
Trump like Johnson in the UK only really care about furthering their own careers - I agree. Both both chose pro-labour policies because that was where the votes are. And that’s basically what all politicians do - go where the votes are
Wondering how you see small value stocks doing in this environment? Seems like they benefit from lower globalization and more inflation but is that overwhelmed by higher labor costs?
As a rule, if you find a great company at a good valuation, you should buy it regardless of the macro outlook. Macro tends to effect stagnant businesses more if that makes sense
Thanks for the rationale for the two-sided trade. Co-incidentally, currently reading Edward O. Thorp's autobiography where he explains how Princeton Newport's strategy involved hedging the stock and a convertible security of a single company.
Thank you! The stock and convertible security trade is a classic hedge fund arbitrage trade - same mechanics, but playing a different angle to what I am trying to do
Trump pro-labor? Hmmm. Tariffs raise prices for the middle-class. Trump doesn't care about unions. He doesn't care about healthcare.
Trump like Johnson in the UK only really care about furthering their own careers - I agree. Both both chose pro-labour policies because that was where the votes are. And that’s basically what all politicians do - go where the votes are
Wondering how you see small value stocks doing in this environment? Seems like they benefit from lower globalization and more inflation but is that overwhelmed by higher labor costs?
As a rule, if you find a great company at a good valuation, you should buy it regardless of the macro outlook. Macro tends to effect stagnant businesses more if that makes sense