“Nah.”

Feels like we've finally reached the event horizon of 'news' with this recent Israel-Iran conflict. It used to be that you could look at a bunch of different propaganda sources, piece their lies together, and get something resembling the truth by deduction.

Doesn't work anymore.

The characteristics of a company frequently bleed through to the way its securities trade.

But perhaps none more so than Cboe, whose common stock responds most negatively to decreases in *its own* volatility.

CBOE does best when CBOE's volatility is rising.

That's dedication.

No one knows what it means, but it's provocative.

The absolute smartest stuff you'll read about finance comes from people who left their finance jobs and have no intention of going back.

There's a lesson in there.

Saturdays are for rage-bait.