Behavioral Economics in the Real World

Here’s an interesting discussion on MSNBC regarding behavioral economics and perceptions related to their tax refunds for 2018. Basically, the anchor and his technology correspondent both support and acknowledge that …

March Market Madness

What an active March we have had here at Fishback Management! We started the month off with talking about the disposition effect which created quite the chatter in our ODDS …

Volatility Low Everywhere

On Monday the 18th, in our ODDS Community we were posting and talking about how low volatility was everywhere. We also talked about the right strategy for low market volatility …

Crowding is Back

I recently recorded a video about market fragility and how Dispersion Trading can be an elixir to markets that experience explosive volatility out of nowhere. But what causes that explosive …

Something Missing?

If you’re into probability — that would be anyone who has ODDS in their name like I do — this is a thought-provoking chart from a Bloomberg article this morning. …

Does Momentum Still Work?

A couple of articles on momentum: This one about Blackrock and how it is sticking with momentum. This one is an academic paper about various anomalies, including momentum, that finds …

Outcome Bias

I want everyone to read this article by Joe Wiggins. As an investing instructor for over 20 years, I’ve been uniquely positioned to witness the effect of outcome bias. In …

Volatility of Volatility, ongoing

Don recently posted about the Volatility of Volatility here. I wanted you to see the chart of just how low VVIX is. We have an ongoing discussion about this in …

Volatility of Volatility

Here’s an interesting post about volatility of volatility. Volatility of Volatility as an Edge I’ve done some research myself on the subject and can confirm the results, which appear to …