1) If you have no edge, correct position size is 'don't buy”. 2) Position sizing is determined by downside. 3) All great investing records employed leverage.

I watched Matlock in a bar last night. The sound wasn’t on, but I caught the gist of it. Legal special situations research @ValoremResearch.

Equity Research and Analysis Sayers Research and its members may hold positions in various securities mentioned.

Macroeconomics, emerging and developed markets, FX, covered interest rate parity, and cross-currency basis swaps.

Dad 3x. Software Architect/Manager. Your best investment is yourself. Learn to code. Go Bills. #ILikeLenexa #BillsMafia

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est. circa MCMLXX | i will not forsake you, if you will not take a chance...