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https://www.collaborativefund.com/blog/archive/ https://www.collaborativefund.com/blog/archive/ - not just one individual but a few. Entrepreneurship, finance,
by Tangokat 5y ago
https://www.collaborativefund.com/blog/archive/ https://www.collaborativefund.com/blog/archive/ - not just one individual but a few. Entrepreneurship, finance, tech.
"Every investor is making bets on the future. It’s only called speculation when you disagree with someone else’s bet.
In hindsight there was as much speculation in the 1990s that Kodak and Sears would keep their market share as there was that eToys and Pets.com would gain market share. Both were bets on the future. Both were wrong. It happens.
Of course there’s a speculation spectrum. But let’s not pretend that others speculate while you only deal with certainties."
https://cryptohayes.medium.com/ https://cryptohayes.medium.com/ - Arthur Hayes blog. Crypto trading mostly.
"I am an arbitrage trader at heart. In May 2013 brimming with my experience as a delta one trader, I entered the crypto capital markets. The first trade I ever put on was buying Bitcoin from Mt. Gox, depositing them on ICBIT, then selling BTC/USD June 2013 inverse futures contracts at a premium. My first trade captured a premium of 200% per annum (PA). When the futures expired, and my PNL matched my spreadsheet calculations exactly, I thought to myself, holy shit, “Bitcoin is LIT!”"
- cko 5y agoI second collaborative fund blog, really great stories and reflections