Understand How Markets Actually Work, Learning.Investing.Thriving.

Marc Rudajev

A proper financial education. Frameworks, first principles, and the mental models that professional investors actually use. Built as a curriculum, not a content calendar. Honesty about markets. The counterargument gets heard before the conclusion. I try to back things up with facts and figures and do not feature sponsored content or affiliate links. A global perspective. Nearly 60% of LIT subscribers are outside the United States, approximately the same amount of time that I have spent living abroad. The occasional personal detour. Markets are important, everything else is possibly more so.

Understand How Markets Actually Work

Learning.Investing.Thriving.

Learning.Investing.Thriving. is built on a simple idea: If you want to build wealth, you need more than stock tips. You need to understand how markets actually work.

Equity Bottom-Up

<ul><li>Oura pulled the deal the day before it was due to list.</li><li>This is not uncommon and happens all the time, but not in the midst of the calmest tape imaginable: a VIX sitting at 15, US major indices at near-record highs, credit default swap (CDS) spreads holding in or narrowing, and a company that had spent a week insisting demand was strong.</li><li>These would generally not lead to postponing an IPO, especially for a company that is profitable, growing, and in an industry (wellness) that has drawn a lot of buzz over the past few years.</li></ul>

Oura pulled the deal the day before it was due to list.This is not uncommon and happens all the time, but not in the midst of the calmest tape imaginable: a VIX sitting at 15, US major indices at near-record highs, credit default swap (CDS) spreads holding in or narrowing, and a company that had spent a week insisting demand was strong.These would generally not lead to postponing an IPO, especially for a company that is profitable, growing, and in an industry (wellness) that has drawn a lot of buzz over the past few years.

Oura IPO Alert: The Market Repriced It Early