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Small-Scale Question Sunday for January 12, 2025

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Others have hopefully properly warned you off from becoming a day trader, YOLOing on 0days and HODLing TVIX. As for "modern finance, investments, banking, markets, financial regulations," a couple things I would recommend are Matt Levine's Money Stuff column in Bloomberg and Patrick McKenzie's Bits about Money. They're not what you would get if you pounded the textbooks, but they cover a pretty wide array of random happenings, at which point, they dig in enough for you to get a sense for how such folks think. Then, if there are any particular areas you're interested in, you at least have some of the right terminology to help you dive in more. They're also both hilarious.

Ah, the days of TVIX. One of my most interesting experiences in finance was the presentation by the risk manager who had stopped my then-employer from offering a TVIX-equivalent explaining just how XIV and TVIX died.

a couple things I would recommend are Matt Levine's Money Stuff column in Bloomberg and Patrick McKenzie's Bits about Money.

I second this recommendation, and add Byrne Hobart's The Diff.