This blog is a finance blog. It discusses general financial topics; both personal finance and business finance. I’ve been discussing esoteric financial topics like algorithmic trading, CAPM, hedging, beta computation, fund construction, and long-tail pseudo-Gaussian statistics. These are topics that the average investor probably could care less about. I will try to stop this mostly, at least on this site. For you quants out there I will start posting those types of posts to sigma1.co. This finance blog will focus on more practical topics of personal finance like making good use of low-cost funds and ETFs, savings, investing, and building a long-term personal investment portfolio.
Sigma1 (site for the Balhiser LLC Σ1 Fund) will provide boring reading material that is fascinating to me but boring to about 99% percent of people. This number is likely accurate because only about 1 out of 100 people I broach the topic with show any appreciable interest [pun not intended].
This is in contrast to this blog’s topics which are only uninteresting to 80-90% of people. Yes, verily, I maintain that 10-20% percent of people are actually interested in the practical investing topics on this blog (at least from time to time).
I know one thing; I like discussing finance with people. I like talking with folks that have a job but don’t have a bank account. I like explaining how free checking is better than paying for money orders. I also like talking with folks who have $100,000 in a savings account earning 0.1% or folks who still pay $50-$100 commissions for trades. I love to tell them about online investing options and research tools.
I also love talking about tax-loss harvesting and about the merits and flaws of the Black–Scholes option-pricing model. But, based on user feedback, I will cordon off these snooze-worthy topics on a separate site.
BTW, in closing, CIA is flirting with $24K, at $23,914. Happy investing and Cadillac dreams.