Short Volatility Callers

Bill Eckhardt emphasizes that successful trading hinges more on risk control than on predicting market movements, a theme that resonates throughout his conversation with Moritz Siebert and Rob Sorrentino. The episode explores Eckhardt’s journey from the renowned Turtle trading experiment to his current systematic trading strategies at Eckhardt Trading Company. 

Bitcoin Treasury CompaniesBitcoin treasury companies like MicroStrategy use leverage and equity issuance to increase their Bitcoin per share, creating a recursive flywheel that can unravel quickly when sentiment changes MNAV (Market Value of Bitcoin compared to Enterprise Value) is a key metric for arbitrage, with extreme values indicating potential for shorting, but its correct value […]