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No Country for Old Probability Theorists
Thoughts on risk, uncertainty, and economic action.
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Jun 15, 2026 / Tyler Durden
SpaceX Erupts In After Hours Trading, Soaring Above $210 And Surpassing Apple's Market Cap
SpaceX Erupts In After Hours Trading, Soaring Above $210 And Surpassing Apple's Market Cap
After a relatively calm first day of trading, the gamma squeeze crew has finally sniffed out that SpaceX's float makes it a perfect candidate for an OTM-call option driven meltup, and the stock soared ~20% today, adding over $400 billion in market in the regular session.
Commenting on the move, Vanda Track earlier noted that SpaceX topped the leaderboard as the most bought stock by retail investors for a second consecutive session, with net buying potentially set...
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Apr 28, 2026 / Tyler Durden
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks
Trump Belatedly Blasts Merz Over Pointed Iran War 'Humiliation' Remarks
President Trump on Tuesday belatedly hit back at Chancellor Friedrich Merz after on Monday the German leader told students in a talk that the United States is being “humiliated” by Iranian leaders, amid struggling on-and-off negotiations, and as a crisis in the Strait of Hormuz shows no signs of de-escalating.
Merz had said he didn’t see "what strategic exit the Americans are now choosing" while simultaneously describing that Tehran’s negotiators are proceeding "very skillfully - or indeed very skillfully not negotiating."
The result,...
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Apr 13, 2026 / Tyler Durden
As The Worms Turn...
As The Worms Turn...
Authored by James Howard Kunstler,
"They’re holed up in a bank demanding three large pizzas, a helicopter, and a personal phone call from Sydney Sweeney..."
- Greg Gutfeld on Iran’s negotiating position
The Russians have a phrase for it: negotiation-incapable (ne peregovorosposobny).
That is what the Iran delegation demonstrated during a long day of talks with the US team over the weekend in Islamabad. What part of “no nukes” didn’t they understand? All of it, apparently. The corollary question on the table — arguably more pressing for Iran — was:...
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