All-in and chill?

It doesn’t make sense to go all-in on a high-leverage version of the Nasdaq index. Here’s why.

In 2010, an American man paid 10,000 bitcoin for two Papa John’s pizzas in the first-ever purchase with bitcoin. Today, those coins would have a market value of almost $650m. Did he overpay? Probably. But, as they say, hindsight is twenty-twenty.

A reader contacted 𝑉𝑎𝑙𝑢𝑎𝑏𝑙 about his colleague’s plan to put all of their money into ProShares UltraPr…