You Can Change It Later

The Blog Of David Marks

Newbie Lessons Learned from Trading Volatility using the VXX and VXZ ETNs

I’ve been experimenting with trading volatility on the stock market using ETNs like VXX and VXZ. I learned a few things in the process, and since a few people were curious about this idea and I thought I’d post my learnings for the curious. A couple of months ago I realized that I wanted to […]

Goldman Sachs doesn’t think anyone cares if it is betting against a security it is trying to sell

“What clients or customers are buying is they are buying an exposure,” Blankfein said. “The thing we are selling to them is supposed to give them the risk they want. They are not coming to us to represent what our views are. They probably, the institutional clients we have, wouldn’t care what our views are. […]

More diligence and less capital coming for startups (and their investors)

Link: More diligence and less capital coming for startups (and their investors)