Via Vix and more : Why I thought IV was better than beta for determining volatility (past and future), here are three reasons why I think IV is superior to beta: Yahoo Finance, Google Finance, and other data providers sometimes list betas of 1.0 for issues they apparently have not calculated a beta for, particularly newer issues and foreign stocks Highly volatile stocks that go in the opposite direction of the market for awhile can sometimes have low betas – think small oil/gas exploration companies, gold miners, etc.

Some old articles / statements are worth rereading. Here is one of my favorites: What is Edge ? The edge is knowing that you can fail and learn from it, and just get back up and in the game. The edge is knowing that people think your crazy, and they are right, but you don’t care what they think. The edge is knowing how to blow off steam a couple times a week, just so you can refocus on business

Life is a fucking joke, which i don’t get it :(

We need volatilty based trading instruments , the more the better. WHY? Well, if one thinks of options written, all the delta hedges based on Blackscholes break down if the volatility is a stochastic process. If Vol is a function of spot and time, it is fine, but most of the cases , one cannot assume that. So, if delta hedge of Black Scholes world is useless, what can one do ?