Brent Donnelly surveyed almost 2,000 active traders about work and life. The results are fascinating and Brent's advice is wonderful!

Yes, this is a note about oil prices. But more importantly it's a note about all the changes in correlation and transmission to FX that have happened over the past few years.

This is the Way.

Not just for the samurai but for the trader.

ET contributor Brent Donnelly captures the spirit and the content of our Epsilon Connect conference better than anything we could have done ourselves. Plus you get the slides from our presentations!

With the passing of Doyle Brunson, it's a good day to compare poker to trading.

People like to throw around the phrase “gradually, then suddenly” as a witty rejoinder to suggest a dedollarization of the world is a nonlinear process that will unfold any day now. That only sounds smart when Hemingway says it.

There is no structural dollar depreciation or dedollarization story. Global usage of the USD is stable and changes in the value of the USD are cyclical.

"The laws of probability, so true in general, so fallacious in particular."

That was Edward Gibbon in 1774. This is ET contributor Brent Donnelly saying the same thing but in a much more entertaining way in 2022.

ET contributor Brent Donnelly went out and asked some people he respects what advice they would give kids heading off to college. Here's what he found.

Trading is hard. Your odds of success are heavily influenced by the seat you choose. Retail trader or bank trader or PM, here are metrics to evaluate that seat.

What does your money/happiness curve look like? Is it curved or linear? Does it flatline somewhere? If so, where?

There's the game of trading and the metagame of life. To win the latter, you have to Know Thyself.

The most damaging stories and narratives are not those that others tell us, but those that we tell ourselves.

in the spirit of the question we are always asking ourselves at Epsilon Theory - WHY AM I READING THIS NOW? - Brent asks a slightly different question about announcements of senior management departures. DOES WHAT I'M READING NOW MATTER?

The AI censors at YouTube banned a video by ET contributor Brent Donnelly for all the wrong reasons.

Meanwhile, the AI censors at Twitter won't ban an impersonator for any reason.

Kinda gives you that funny feeling that we're being played. Again.

ET contributor Brent Donnelly starts up where he left off, with a new launch of AM/FX and a new riff on the classic ET note, "Snip!".

In the immortal words of Hunter S. Thompson, when the going gets weird, the weird turn pro!

ET contributor Brent Donnelly with an end-of-summer compilation of the top--of-mind topics at Camp Kotok!

Over the last 6 months, there's been a mass influx of new hedge fund PMs, many from bank trading seats leaving for greener (?) pastures. I've been in both seats. I've had good years and disappointing years. So I present this advice with the utmost humility ...

A Honda Accord cost $12,000 in 1990 and it costs $25,000 now.

A Mustang was $9,000 and now it’s $27,000.

The BLS has new car prices close to unchanged over the past 30 years.

ET contributor Brent Donnelly tries to wrap his brain around hedonic adjustments to CPI.

ET contributor Brent Donnelly gives a crash course in Market Profile analysis and applies it to Bitcoin since the Coinbase IPO.

ET contributor Brent Donnelly talks with Howard Marks about why traditional value investing is likely permanently impaired as a strategy and why Growth vs. Value is a false dichotomy. Boomshakalaka!