MONTE CARLO SIMULATION ON POLYMARKET: 9,710 OUT OF 10,000 TRADERS WENT BROKE this isn't opinion - it's what the math says after 10,000 simulated seasons the equation that separates survivors from everyone else: EV = (P × Payout) - Cost negative EV isn't a risk you manage

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Super interesting! "Stablecoin Inflows and Spillovers to FX Markets" by Iñaki Aldasoro, Paula Beltran, and Federico Grinberg. "Using data on four USD-pegged stablecoins and 27 fiat currencies, this paper documents spillovers from stablecoin-based foreign exchange (FX) to

Super interesting! "Fluctuations in the Treasury General Account and their effect on the Fed’s balance sheet" by Annette Vissing-Jorgensen. "The US government’s money demand is large and volatile and takes the form of the Treasury General Account (TGA) at the Federal Reserve. I

This 90-second clip of Goldman’s David Solomon and former Treasury Secretary Steve Mnuchin explaining the future of stablecoins is the best thing you'll watch all week.

New #FEDSNote: Monitoring AI Adoption in the US Economy: federalreserve.gov/econres/notes/…

What is the moral of the story

European leaders helping to negotiate ceasefire in Iran

From early Nirvana to Phish, a Chicago fan’s secret recordings of 10,000 shows are now online. blockclubchi.co/4t6zW7R

Dexerto He's uploading it all to archive.org. This guy is a legend. archive.org/details/aadamj…

Finalmente chegou o modelo do F-39E Gripen para ficar na mesa do meu escritório — além da relevância estratégica para o Brasil, é uma beleza mesmo. A produção local coloca o Brasil no grupo seleto de países capazes de fabricar caças supersônicos.🇧🇷❤️🛫

This 16-min lecture on "Black Scholes model" by Nassim Taleb will tell you more about quant trading than a 2 month internship at Goldman Sachs or JPMorgan. Bookmark it & watch today,no matter what. It’s the most productive way to start your week. Then read article below.

"Momentum Returns and the Role of Liquidity Improvements": "The momentum anomaly arises from cross-sectional liquidity dynamics... Past winners systematically improve in liquidity prior... whereas past losers severely deteriorate. By exploiting this asymmetry, I construct a

🎯🎯🎯 braziljournal.com/opiniao-por-qu…

This looks like a must-read! "The Commoditization of Labor" by Masao Fukui, Emi Nakamura, and Jon Steinsson. "Technical change often simplifies jobs. This increases productivity, but it also makes workers more substitutable—or more “commoditized”. Commoditization of labor

- The Brothers Karamazov

Super interesting! "Financial Liberalizations, Booms, and Crashes" by Maximilian Grimm, Moritz Schularick, and Emil Verner. "Financial liberalization is often seen as a way to deepen credit markets and stimulate economic growth, but it may also fuel credit booms that end in

Super interesting! "Retrospectives: The Great Dollar-Shortage Debate" by Harris Dellas and George S. Tavlas. "The dollar shortage debate—Paul Samuelson called it "the big open question of our time"—dominated international macroeconomics in the 15 years following the end of

Highly relevant! "The Effect of the Federal Reserve on the Stock Market: Magnitudes, Channels and Shocks" by Benjamin Knox and Annette Vissing-Jorgensen. "The Fed’s effect on the stock market is large, even for average stock returns earned over periods of several decades.

A discussão que realmente importa para o país é como resolver o grave quadro fiscal.