To The Moon

​Date: 4 Oct 2026 ​Today, I had a conversation with AI about my investment framework. My record-keeping used to be scattered across different Excel sheets with constantly changing formats that I was too lazy to organize. Today, I dumped all my records from 2023 to 2026 into AI at once. ​The Bottom Line First: My portfolio is up 3.76x to date. In June 2025, my investable asset scale officially crossed the $1M milestone. ​AI identified five distinct shifts in my investment style over time and asked me a thought-provoking question: "Do you believe that a big part of your wealth creation was simply riding a macro tailwind?" ​My answer was a clear "Yes." In my view, the vast majority of what I've earned comes from being in the right era. During this same period, my employment income grew 2.5x,

The Myth of "High" Rates: Why Structural Growth and Options Cash Flow Dominate a Normalized Macro Era 1. Introduction: The Anxiety of "Higher for Longer" Across financial media and retail trading forums, the phrase "higher for longer" is routinely treated as a harbinger of market stagnation. Investors who began their journey during the post-2008 bull run have spent years operating under a specific mental model: cheap debt, endless liquidity, and near-zero interest rates as the default background setting for asset appreciation. As central banks maintained elevated baseline interest rates to manage persistent structural inflation, a pervasive anxiety took hold. The dominant fear suggests that elevated cost of capital will permanently compress equity valuations, crush growth stocks, and force

Comparing the changes in open interest on October 8 with October 7, the market’s collective positioning was far from aggressive: put open interest in crude oil and the Nasdaq-100 expanded significantly faster than call open interest, suggesting that market participants were paying for downside protection. Gold, by contrast, continued to see calls dominate both open interest and trading volume. Increases in options open interest can reflect hedging, premium collection by option sellers, or spread strategies, making them more useful for assessing risk appetite and identifying key areas of positioning. WTI Crude Oil: Stronger Demand for Downside Protection, with a Cautious Near-Term Outlook The defensive positioning in crude oil options strengthened further on October 8. Put open interest ros

European regulatory authorities, including the European Central Bank (ECB) and European Banking Authority (EBA), have intensified scrutiny on commercial bank holdings of European sovereign debt. Historically, sovereign paper issued by EU member states has enjoyed a privileged zero-percent risk weighting under Basel frameworks, alongside exemptions from single counterparty exposure limits. In this article we would like to discuss on the possible international spillover and also what this EU sovereign debt regulatory checks mean. 1. REGULATORY CONTEXT & PRIMARY SPILLOVER MECHANICS The regulatory drive within the European Union to subject sovereign bond holdings to heightened scrutiny stems from a long-standing structural vulnerability in the Eurozone framework: the "sovereign-bank doom l

$MARA Holdings(MARA)$   Mathematical Money | October 11, 2026 $MARA$ closed Friday at $9.65, down 14.1% on the week from $11.23 and through $10 for the first time this cycle. It was an ugly five sessions for a stock that had already had a few of those. I'd been short puts into that expiry at the $12 and $11.50 strikes, sold on 18 September for 49 cents and 53 cents a contract. Both finished in the money on Friday, so the shares were assigned to me. I said in advance that I'd report which way it went, so here it is, with the arithmetic done per share because that's the only way to see it clearly. What it actually cost The premium reduces what I paid. On the $12 strike my effective purchase price is $11.51, and on the $11.50 strike it's $1