ET Pro Regulation Monitor

Yazstremski waits for the bounce.

Notes from the Diamond #1: Always Something New to Learn

By David Salem | September 26, 2018 | 0 Comments

Part 1 of a multi-part series that seeks to enhance readers’ deployment of both human and financial capital through the exploration of parallels between money management and professional baseball.

Stephen Fry and Mark Rylance engaging in Immediate Theatre

Deadly. Holy. Rough. Immediate.

By Rusty Guinn | September 26, 2018 | 5 Comments

It’s hard to be larger than life in a smaller than life world. It’s hard to be authentic in your art without being artificial. Good theatre does just that. We’re hoping to do the same in Epsilon Theory.

Donald Trump Pointing at You

Missionary Body Language

By Ben Hunt | September 26, 2018 | 0 Comments

Google “[name] + finger pointing”. Odds are, there are several shots of that politician shaking his or her finger at you, admonishing you with body language to LISTEN UP, BUB. Because that’s what a Missionary does to create Common Knowledge.

The Chinese Panoptistate

By Ben Hunt | September 25, 2018 | 0 Comments

A Twitter user coined the term “Panoptistate” to describe what China is doing with its social data monitoring effort. It’s a good opportunity to revisit the classic ET note about the Panopticon.

Big brother from 1984 looking down

Guest Post: The Two Worlds of Data Infrastructure

By Ben Hunt | September 24, 2018 | 0 Comments

There are two systems states use to control our data: The Black Mirror version in China, and the western system that is well on its way there. There is another way.

Mailbag: Mastering the Art of French Cooking

By Ben Hunt | September 23, 2018 | 0 Comments

In which a fellow Slummerville old-timer writes in with a Savenor’s update: A dream job has been posted, and is now available. But who can afford a dream anymore? Oh, also I got an email from my mom. Hi, mom!

It's a floor wax AND a dessert topping!

It's a Floor Wax AND a Dessert Topping

By Ben Hunt | September 22, 2018 | 0 Comments

Coinbase – do they run a prop desk or don’t they run a prop desk? My answer: it’s not a prop desk. No, what they are doing is worse and less fair to clients than a prop desk.

A famous example of a Type 1 error

The Curse of Category

By Ben Hunt | September 21, 2018 | 0 Comments

In investing and in life, we are always quick to judge the book by its cover. We’re quicker to judge a book by who wrote it. We’re quickest to judge a book by what shelf it’s on.

Julia Child with a knife

Mastering the Art of French Cooking

By Ben Hunt | September 19, 2018 | 0 Comments

In which I discuss that one time I followed Julia Child through a grocery store in the least creepy manner I could manage, and the most delicious white corn I’ve ever enjoyed.

Professor Harold Hill (Harold Hill!)

But Our Interests Are Aligned!

By Ben Hunt | September 18, 2018 | 1 Comment

The modern use of stock-based compensation is a confidence game, in the true sense of the word, that would be very familiar to the Music Man (but he doesn’t know the territory!).