Investment Theory

A Missing Piece of the SBF Puzzle

November 28, 2022 — There's been excellent coverage of the public drama surrounding Sam Bankman-Fried, but an important piece of the puzzle has remained under the radar.

Investment Theory

Who Wants Protection Like This?

November 15, 2022 — The S&P 500 is down 15% over the past year, so you'd think it'd be a good time to own some portfolio protection. Unfortunately, that's not the case.

Investment Theory

A Sheep in Wolf’s Clothing

September 26, 2022 — It's convention to take our local currency as the risk-less benchmark - but this assumption, while convenient, can also be misleading.

Investment Theory

Bitcoin is Nothing Either Good or Bad, but Sizing Makes It So

July 7, 2022 — Bitcoin isn't an inherently good or bad investment - but said investment can turn sour quickly if you're not paying attention to sizing.

Investment Theory

Night Moves: Is the Overnight Drift the Grandmother of All Market Anomalies?

June 20, 2022 — When we heard about the overnight effect, our first reaction was skeptical - but after some digging, we found evidence of what could be a major market anomaly.

Interested in more like this?

Subscribe to our mailing list and get notified about new Elm news and research.

Skip to content