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Schaeffer’s Market Mashup

Schaeffer's Market Mashup: Don Fishback on Options Valuation and Probability

Schaeffer’s Market Mashup

Schaeffer’s Investment Research

Investing, Business

5.01K Ratings

🗓️ 12 March 2021

⏱️ 35 minutes

🧾️ Download transcript

Summary

Patrick is joined by author, analyst, and options trader extraordinaire Don Fishback to discuss his work on options valuation and probability over the years. Don shares how contrarianism fueled his probability models (8:53), how they can apply to current events like the Reddit craze (15:50), and their role in options valuation (24:02). And between all of those gems, there are stories about founder and CEO Bernie Schaeffer, some horse-racing talk, and much more!

Transcript

Click on a timestamp to play from that location

0:00.0

Ladies and gentlemen welcome back to the Schaefer's market mashup.

0:18.0

As promised I have a very very special guest with me today author analyst world-renowned

0:26.9

options expert Don Fishback is here his website is a gym in the investing world and he's here to chat about options valuation and probability.

0:38.0

Don, how is Lexington, Kentucky treating you right about now?

0:41.0

Right about now, it's perfect.

0:44.0

The weather's great, the trees are butting,

0:48.0

had a lot of rain and a lot of snow and ice

0:52.0

about a week and a half ago but it's all warm and March came in like a

0:56.9

lion it's a little bit like a lamb right now wonderful you know I bet you Keeneland

1:01.6

looks beautiful right now.

1:02.8

Kayla, that is, yes, the, the racetrack is gorgeous, the animals are beautiful.

1:11.1

I don't know if you know the setting that we're in on on the

1:14.4

back road of canland and so like I've got I'm surrounded by large

1:21.0

thoroughbred operations.

1:23.2

Oh, that's amazing.

1:25.4

Yeah, the woman across the street from me, she owns, she's the widow of Jess Jackson

1:32.4

who own Kendall Jackson Wines and there's a horse that she's got

1:36.9

Rachel Alexander's in the paddock right across the street from us and Barbara she bought Rachel for $32 million.

1:46.0

And she's got, she got another horse over there, Curlin.

1:49.0

She paid, they paid $48 million for that one.

1:52.3

So there's, you know, it's a beautiful setting

1:56.4

and Kingland is gorgeous.

...

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