what if video games were an asset class?
Reddit user u/DeepFuckingValue turned a $53k YOLO into $11M.
Through GME call options.
Let me explain.
Let’s start from the beginning:
For a bit of historical context, r/wallstreetbets is a subreddit that is self-described as a
“Community for making money and being amused while doing it. Or, realistically, a place to come and upvote memes when your portfolio is down.”
In a letter to Helen Keller, Mark Twain wrote:
“It takes a thousand men to invent a telegraph, or a steam engine, or a phonograph, or a photograph, or a telephone or any other important thing — and the last man gets the credit and we forget the others. He added his little mite — that is all he did. These object lessons should teach us that ninety-nine parts of all things that proceed from the intellect are plagiarisms, pure and simple; and the lesson ought to make us modest. But nothing can do that.” — Mark Twain
The time I biked 50 miles.
On January 1…
How to get into the holiday spirit? Do some math!
The Twelve Days of Christmas is a Christmas carol that lists out items that a (supposed) lover is purchasing for his love.
The earliest version of the song appeared in a kid’s book titled, Mirth With-out Mischief in 1780. However, the version that we are most familiar with was established by Frederic Austin in 1909.
The gifts are as follows:
Spotify Wrapped is making the rounds at the end of this very *insert preferred adjective here* year. Everyone shares their top artists and songs of the year, and we rejoice in the gift that music gives us.
But, can music actually be a predictor of our moods? And if it can predict our moods, does it somehow reflect the stock market?
Do America’s Top Music Choices predict market returns?
None of this is market analysis or investment advice, and should not be interpreted as such. …
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This week, I partnered with a fellow Midwesterner (though a bit more Midwest than I am) and startup operator Lea Boreland to take a quantitative look at innovation and the Midwest.
This was a really fun piece to work on. I grew up in Kentucky, but now live in Los Angeles. I miss Kentucky deeply — and I remember driving by the Ford plant most days, or going on field trips where we would pass quarry after quarry. (In fact, you can feel the tremors from a nearby drilling at my childhood home).
There are a lot of charts floating around, discussing how x is related to y because they are “highly correlated”.
Our brains tend to make nonsensical connections to try and explain the world to us. We draw two lines and claim a relationship, thinking that we have effectively answered the question in the process.
Correlation is not causation.
Correlation is a relationship, in which A moves with B. There are three types:
A lighter piece for a long day.
According to Epictetus, the right way to eat is the same as the way to live: “just, cheerful, equable, temperate, and orderly.”
So when I came across a chicken nugget dataset on Kaggle, I was fascinated. This person had weighed their individual nuggets from McDonalds and Wendys.
Like Epictetus, I wanted to explore how “equable, temperate, and orderly” the nuggets might be — how much chicken is in the chicken nugget?
According to this dataset, McDonalds nuggets weigh 16.5g on average — and they range from 21g to 14.6g. Wendy’s nuggets…
These questions have haunted me for the past several weeks. After figuring out that I don’t really have a niche as a writer, I had a sort of analysis paralysis. I wrote a piece about learning in public and how the best niche was to have no niche, but it all felt wrong.
I resigned myself to the fact that I might never have a niche, and then thought about TikTok.
What creates a TikTok star? What’s the relationship between content and fame? What’s the secret?
Andrew Farah tweeted this the other day, stating “we have infinite access to information and we can’t agree on truth”.
Andrew is right. We do have a lot of information. But having information doesn’t mean we know what to do with it. Just because information is readily available, doesn’t mean it’s parsed to be objectively truthful or reliable or accurate.
What Andrew has unintentionally posed here is also the main issue that we have with the way that we are taught mathematics: we have all the math information that we could possibly need, yet, 40% of adults can’t make a…
Thinking. Los Angeles transplant via Kentucky. Passionate about educational equality, data science, and quantitative finance.