Category Archives: Investment Knowledge

Understanding interest rate, rate spread and economic activity

To understand interest rate, rate spread and economic activity is critical for me to understand where the stock market and economy will head to.

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Why EV/EBITDA is better than P/E?

What Makes EV/EBITDA a Better Alternative than P/E? – answer from Zack. I therefore need to use EV/EBITDA to do valuation, and coupled with P/sales,  and P/BV. And FCF and Earing growth rate.

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Comprehensive investment principles and checklist – from csinvesting

I have found a great document on very comprehensive investment principles and checklist – from csinvesting. 

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Use worst of option to short equity (such as euro)

In the book of “Hedge Fund Market Wizards”, Jamie Mai and Charles Ledley adopt a great idea to use worst of option to short euro. I am now starting to learn this technique.

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Study of UVXY (TVIX) and SVXY (updated)

I plan use options of UVXY (or TVIX) and SVXY to trade in the volatility of market, 

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What will happen to my In-the-Money Puts (NADLQ) at Expiration 20Oct2017?

I have 79 put options (NADLQ Expiration 20Oct2017), so far they are in-the-money since my strike price is $1.00 and the current stock price is $0.47. The options premium that I paid is $0.355 (29 puts) and $0.494 (50 puts).  What … Continue reading

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Close the gap between amateur and professional

I need to close the gap between amateur and professional in order to become a professional in investment,

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Five simple ways GSE reform can narrow the homeownership gap – from American Banker

There are 5 simple ways GSE reform can narrow the homeownership gap – from American Banker,

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Good lessons from Mauboussin

Here are a collection of great lessons from Mauboussin

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GSE’s Credit Risk Transfer Securities

It is good to know that GSE sells $48 billion of CRT securities designed to reduce their exposure. Maybe this is the way they are reforming already,

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