Disappear those humans! The fewer, the better!

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Disappear those humans! The fewer, the better!

I was told some weeks ago (privately) that Tom Sosnoff was moving on. He and I have had a business and personal relationship for over a quarter of a century, and this is a moving and lovely video he just posted:
For what feels like an eternity, options traders have been staring at one of the tightest volatility clusters we’ve seen in years. Premiums have been lean. The usual fat opportunities to sell risk have been slim. It’s been like sitting in the calm before a storm, waiting for movement that just won’t come.
But here’s the interesting part: that cluster is starting to spread out. If you pull up a volatility chart, you’ll notice the compression loosening. The market may not have broken out yet, but the early signs are there, and those signals matter for traders who’ve felt handcuffed by months of low implied volatility.

The topic of H1-B visas is very much in the news, so I wanted to chime in.
The picture below is from the year 2000 or thereabouts. It is the entire staff of my little company Prophet, which I started in 1992 with a war chest of $3,000. Everyone picture here is ‘mericuhn with two exceptions: the chaps wearing eyeglasses (center of picture and extreme left).
