Trading Fixed Income, Inflation and Credit Markets: A Book Retelling Series
This is the start of a retelling series where I break down a serious fixed income textbook into something you can actually read without falling asleep.
Latest published articles
Atlas Shrugged Part II, Chapter 4: The Sanction of the Victim - The Speech That Changes Everything
This is the chapter where Rand finally names the book. And it happens in a conversation so simple you almost miss how important it is.
Chapter 7: The Dark Side of PE - Greed, Destruction and the Push for Transparency
Every industry has a chapter it would rather skip. For private equity, this is that chapter. Demaria titles it “Private Equity and Ethics: A Culture Clash,” and he does not hold back. Fraud, job destruction, fake philanthropy, and the long fight for transparency. Let’s go through it.
Designing Business Architecture: Processes, Measurement, and Realization
This is post 14 of 23 in a series on Systems Thinking: Managing Chaos and Complexity by Jamshid Gharajedaghi (ISBN: 978-0-7506-7973-2).
Great Companies in Lousy Industries: Finding Hidden Winners
Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5
Peter Lynch would rather invest in a boring, struggling industry than a hot, growing one. That sounds wrong. But he has decades of results backing it up.
Hedge Fund Manager Interviews: Meeting Notes and Follow-Up (Part 2)
In Part 1, we watched Travers set up and begin his initial phone call with Jaime Williams from Fictional Capital Management. Now we pick up where we left off, with the conversation getting into the really meaty stuff: asset growth, liquidity, short selling, risk management, and the all-important question of what makes this fund special.
How to Start a Hedge Fund - Top Tips From Industry Veterans
Chapter 5 of “The Hedge Fund Book” opens with a Muhammad Ali quote about suffering through training to become a champion. That sets the tone perfectly. Starting a hedge fund is not glamorous. It’s years of grinding before anything clicks.
How to Trade EM Credit: The Sweet Spot and What Buffett Would Do
Here’s the thing about EM credit that nobody tells you upfront: the structural trade is basically dead. You’d think that because emerging markets grow faster than developed ones, their credit spreads would keep compressing over time. More growth, less risk, tighter spreads. Makes sense, right?
Order Anticipators: Front-Running, Sentiment Trading, and Parasitic Strategies (Chapter 11)
Chapter 11 is about the market’s parasites. Not informed traders who make prices more accurate. Not dealers who provide liquidity. These are the order anticipators: traders who profit by getting in front of other people’s trades. They do not improve anything. They just take.
Systematic EM, Global Aggregate, and Unconstrained Bond Strategies Explained
Book: Systematic Fixed Income: An Investor’s Guide Author: Scott A. Richardson, Ph.D. ISBN: 9781119900139 Publisher: John Wiley & Sons, 2022