5 ms·
> A large number of people read finance blogs because they think they themselves make money with the knowledge therein. Do you actually read his work? I certa
by morgante 2y ago
> A large number of people read finance blogs because they think they themselves make money with the knowledge therein.
Do you actually read his work?
I certainly don't expect to make money from reading it. I'd be surprised if a significant number of subscribers had that reason.
It's entertaining and informative about the overall world, not something I expect to make money from.
- kevinmchugh 2y agoI was always a boring passive investor and reading Money Stuff has made me more boring and more passive. Every day it's stories of people smarter than me getting hosed in ways I wouldn't have thought of
- 3eb7988a1663 2y agoIf you were to commit a financial crime, he points out the numerous blunders that lead to someone getting caught. So, you could use his blog as a What-Not-To-Do guide. Most of which comes down to: 1) keep your mouth shut, no matter how much you want to brag about your great scam 2) one play only, repeats at bat is how you get greedy and sloppy 3) no huge options trades because of your one-time insider information
- anitil 2y agoLooks like we're up to 15 laws now! [0] [0] https://github.com/0xNF/lawsofinsidertrading.com https://github.com/0xNF/lawsofinsidertrading.com <- also has handy links for each rule
- bostik 2y agoMoney Stuff is a weathervane and a lightning rod. Things show up in Matt's writing sometimes months before they make a splash in the rest of the world. I work adjacent to finance, but I'd read Money Stuff even without that link. It's a good way to keep myself up to date on happenings in and around finance, and of course, the newsletter is often funny. I don't expect to ever make money from my reading activity, but I have found that being well informed of weird and/or interesting developments within that world makes me more valuable at work. Being able to predict what kinds of compliance and governance related curveballs may be coming, a few months before they land on our desks? Surprisingly valuable.