The Convexity Maven

The Maven Mantra

Biography

An Opinion

On Transparency

Govt Asstd ReFinance

An Archive

Favorites

The Best Trades

Inflation: The Only Solution

Volatility

Public Policy Insights

Open Letters to Tsy/FED

Stocking Stuffers

Eulogies

Disclosures

The Maven Mantra

Biography

An Opinion

On Transparency

Govt Asstd ReFinance

An Archive

Favorites

The Best Trades

Inflation: The Only Solution

Volatility

Public Policy Insights

Open Letters to Tsy/FED

Stocking Stuffers

Eulogies

Disclosures

 

The Best Trades - These were the "Big Idea" trades that were Macro in concept and had six month to two year horizons.  Although they certainly had meaningful mark-to-market exposure, market conditions at the time heavily biased them to produce meaningful long-term gains.


Please review all Disclosures

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The Volatility Bond/Swap - April 10, 2007
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The Positive Carry Hedge 1 - October 31,2008
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The Positive Carry Hedge 2 - October 31,2008
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CMM vs CMS - February 12, 2009
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Excessive Skew in Vega-land - October 27, 2009
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The Magic of Vol vs Carry - January 21, 2010
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The Positive Carry Hedge 3 - October 8, 2010
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An Equity Trade from the FED - December 3, 2010