Quote of the Day - May 1, 2020
"The most powerful weapon of a modern army is the printing press," said T.E. Lawrence, otherwise known as Lawrence of Arabia.
Entries by MHFTR
Quote of the Day - April 14, 2020
"If the product is free, then you are the product," said a technology company CEO to me the other day.
Quote of the Day - March 19, 2020
"By historic, fundamental measures, stocks are extremely high. PE multiples are at 100 year highs. But if you look at stock prices relative to interest rates, they are exactly where they should be," said hedge fund legend, Stanley Druckenmiller.
March 17, 2020 - Quote of the Day
"Interest rates are gravity. When they are zero, share prices can go to infinity. When they are high, as they were during the early 1980s, the gravitational pull can be very strong," said Oracle of Omaha, Warren Buffett.
A Note on Assigned Options, or Options Called Away
I almost got to take a shower today. However, whenever I got close to the bathroom, I'd get an urgent call from a concierge member, Marine buddy, Morgan Stanley retiree, fraternity brother from 50 years ago, or one of my kids asking me which stocks to buy at the bottom. It’s been that kind of
Testimonial
I've been reading your blog for a while and found it a helpful beacon in a sea of confusing and contradictory information as I try and make sense of the world (and try and make money from sense!). Kind regards, Toby London, England
February 12, 2020 - Quote of the Day
"The Obamacare website had technical issues all week because of too much web traffic. You can't campaign on the fact that too many people don't have health care, and then be surprised that millions don't have health care. That's like 1-800-FLOWERS being caught off guard by Valentine's Day," said a comedian on Saturday Night Live.
January 30, 2020 - Quote of the Day
"In the US you, had ten bad years in a row (during the Great Depression) and it still turned out to be a pretty good century," said Lloyd Blankfein, CEO of Goldman Sachs.
How to Handle the Friday November 15 Options Expiration
Followers of the Mad Hedge Technology Letter have the good fortune to own a deep in-the-money options position that expires on Friday, November 15, and I just want to explain to the newbies how to best maximize their profits. This involves the: the Boeing (BA) November 2019 $300-$310 in-the-money vertical BULL CALL spread The total
Newspapers Really Know Who You Are
Publishing magnate and self-described populist William Randolph Hearst was a deep admirer of Adolph Hitler and did not shy away from using his newspapers as a de-facto mouthpiece spouting off der Fuhrer's propaganda. Hearst created content sympathizing with the Nazi ethos and even mobilized an embedded secret agent from the German government to act as a correspondent