It’s common wisdom in North America that debt is bad. Most of us think its best to avoid debt and save rather than borrow. But if you’re a part of the working class, saving the old fashioned way will simply handcuff you… Continue Reading
I recently reviewed the latest research related to the issue of Gender and Risk. Based on what I’ve read, males are riskier than females, although the differences may be overstated in some situations. Whether the differences are large or meaningful… Continue Reading
Fracklog is a new term in the energy market that describes the amount of energy being stored in drilled but untapped wells. Instead of pumping out oil or natural gas at current prices, some energy producers are drilling wells but not… Continue Reading
One of the main tax issues associated with derivatives is whether the gains/losses from hedging should be treated as capital gains or income (when they are recognized for tax purposes). The tax treatment makes a dramatic impact on the overall… Continue Reading
In North America at least, we are used to most interest rates being positive. We go to the bank for a deposit and we are presented with an upwardly sloping set of rates. We get some interest for making a… Continue Reading
Is gambling a good financial investment? Probably not. Most players should view their gambling losses as entertainment expenses. Most recreational gamblers should be prepared to “lose what they came with”. They should ensure that their gambling bankroll does not exceed… Continue Reading
“Grinders” is a great documentary on poker players from Toronto. The filmmaker, Matt Gallagher, creatively profiles 3 career poker players who each share their unique perspectives on poker and life. I think Ontario poker players will strongly relate to their stories. The star feature player… Continue Reading
He Ripped Their House Off the Grid and He’s No Hippie: Tales of the Solar Middle Class
Last night, I was discussing sports betting with a friend of mine. We were talking about the process management of sports betting such as how to move the money, execution risk management, evaluation methods, etc. The conversation naturally turned to… Continue Reading
Its been an interesting few days in Vegas. I’ve learned how to beat the sports books. Not for a lot of money, but for $10 to $50 a day depending on how many games are on. I’m doing this by arbitrage.… Continue Reading
