(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

The majority of my essays in 2021 have focused on the fundamental building blocks of my bullish opinion on the future of crypto. Few words are dedicated to current events unfolding before us. In an age when virtue signaling social media influencers reign supreme, critical thought that deconstructs popular narratives using logic and first principles thinking is hardly proffered. It’s why I prefer to…


(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

For those of you who have a Bloomberg terminal, run FARBAST Index <GO>. This is the index that outputs the US Federal Reserve’s balance sheet in millions of USD, updated weekly. I keep droning on about this, but this number and its trajectory is the only thing that matters. …


(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

“I must not fear.

Fear is the mind-killer.

Fear is the little-death that brings total obliteration.

I will face my fear.

I will permit it to pass over me and through me.

And when it has gone past I will turn the inner eye to see its path.

Where the fear has gone there will be nothing. Only I will remain.”

- Paul Atreides…


(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

Being right is great, but the true trading legends are right and then continue holding their positions until they are RICH. A lot of people lament that, had they bought Bitcoin back some years ago, if they held until today, they would be in a different wealth category. …


(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

Humanity’s struggle to locate the easy button permeates all aspects of our existence. In the context of the financial markets, everyone wants to find that expert, newsletter, or secret trading program that if followed will lead to instant, risk-free and above-average sick GAINZ. Intrinsically, we all know that said button is a fleeting chimera one chases at one’s peril — and yet, I continually…


(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

I am an arbitrage trader at heart. In May 2013 brimming with my experience as a delta one trader, I entered the crypto capital markets. The first trade I ever put on was buying Bitcoin from Mt. Gox, depositing them on ICBIT, then selling BTC/USD June 2013 inverse futures contracts at a premium. My first trade captured a premium of 200% per annum (PA)…


(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

I became an avid cyclist after the onset of COVID. I try to ride twice a week for 40–60km. Given the popularity of cycling with Boomers, you might think it’s a nightclub for uncles on the public bike paths circa 5am — but it’s a high stakes affair. …


(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)

I used to be an amateur bodybuilder. Sometimes friends who haven’t seen me since university remark at how skinny I am. Twice a day workouts and protein shakes were my life during university. Bonus points for anyone who can locate photos from the annual Mr. and Mrs. Penn competitions from 2005 to 2008. …


Can’t Stop, Won’t Stop, GameStop!!!!

Stonks for the long run. My hiatus from the equity markets ended when I too became sucked into the meme stock vortex. Seeing a meme stock like GME log a ten bagger in a few trading sessions will get any hardened market operator on their feet. I could not resist the YOLO urge. When things started heating up, I located my previously set up Robinhood account to ape in. I have a human broker as well, but I don’t even want to know what egregious commissions they charge me to execute cash equities. …

Arthur Hayes

Co-Founder of 100x. Trading and crypto enthusiast. Focused on helping spread financial literacy and educate investors.

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