Archive - Not Investing Advice

Automated Market Making and Loss-Versus-Rebalancing

AMMs as sleepy price quoters in a high-frequency world

Jun 27, 2023 •

The Structure of Competition between Cryptocurrency Exchanges

In the past few days, the SEC has sued Binance and Coinbase for operating as unregulated securities exchanges.

Jun 7, 2023 •

January 2023

Monetary Policy Transmission in the The Korean Jeonse System

Or, how wealthy landlords in Korea may soon default on hundreds of millions of dollars borrowed from their poorer tenants

Jan 13, 2023 •

November 2022

Big Tech Bloat and Efficient Markets

Why hasn't the invisible hand trimmed the fat from Twitter?

Nov 18, 2022 •

October 2022

Market Design for Text-to-Image Generation

Or "surge pricing for art", or "How can we design a market system to pay artists for their tributes to our AI overlords?"

Oct 1, 2022 •

August 2022

The Market for Meaning

An interesting skill many CEOs and charismatic leaders have is the ability to synthesize tasks that feel meaningful, thus attracting people to work on…

Aug 26, 2022 •

July 2022

Shareholder Voting and Social Choice

How does one-share-one-vote circumvent Arrow's impossibility theorem?

Jul 28, 2022 •

The Not Investing Advice Podcast!

I started a podcast!

Jul 17, 2022 •

The Celsius Bankruptcy Filing

In the first episode of the (provisionally titled) Not Investing Advice podcast, Max Resnick and Anthony Lee Zhang talk about the Celsius bankruptcy.

Jul 17, 2022 •

31:16

Growth Hacking and Decentralized Finance

I raised $500 million USD in AUM by promising users 20% risk-free returns. What do I do now???

Jul 8, 2022 •

June 2022

The Market for Promises

I start my undergrad investments class by posing the following question: what is a financial asset?

Jun 13, 2022 •

Soulbound token-collateralized loans

Or, how web3 will let us borrow against our childhood memories

Jun 3, 2022 •

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