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Get a cup of coffee.

In this thread, we'll analyze the "Devil's Card Game".

This is a super useful thought exercise. It can teach us several key concepts in economics, probability, betting, hedging, investor/market psychology, etc.
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Get a cup of coffee.

In this thread, I'll walk you through Income Statements:

a) What they are,

b) What key things about a business we can learn from them, and

c) Some important caveats we should keep in mind while reading them.
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Get a cup of coffee.

In this thread, I'll walk you through Recurrence Equations.

This is a beautiful area of math, with many finance/investing applications.

Plus, it can teach us a lot about problem solving in general -- how to simplify problems and solve them efficiently.
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Get a cup of coffee.

In this thread, I'll show you how to read and understand a company's Balance Sheet.

As investors, we should be able to judge businesses by looking at their financial statements.

And the Balance Sheet, of course, is 1 of 3 key financial statements:
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Get a cup of coffee.

In this thread, I'll help you understand the Volatility Tax.

Whether you're a fundamentals-driven, buy-and-hold investor or an esoteric derivatives trader, this thread will help you hone your craft -- by sharpening your probabilistic reasoning skills.
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Get a cup of coffee.

In this thread, I'll show you how the P/E ratio of a portfolio is related to the P/E ratios of its individual stocks.

The math here is beautiful. It involves harmonic means and a super elegant theorem known as the Cauchy-Schwarz Inequality.
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Get a cup of coffee.

In this thread, I'll help you understand Markov Chains.

In life, and in investing, we often come across situations where luck/chance plays a major role.

And Markov Chains are often a great way to model and analyze such situations.
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Get a cup of coffee.

In this thread, I'll walk you through the basics of leverage -- in our personal lives and in the companies we invest in.
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