The Next Episode

The New New Thing

Though it may not seem like a true milestone like an IPO or an acquisition, finishing “Postmodern Society and its Future” and truly defining what liquidity theory is was a watershed moment for me, followed by a bit of shock and panic. Shock, because I didn’t realize I was actually working towards a cohesive “ending” — I very much feel like I “ended” the creative non/autofiction “e-book” that comprises the 144-odd “Malt Liquidity” posts and the various essays and tangential thoughts in the middle — and panic because I realized that I was, in a sense, causing the sense of futility people feel when they look at the markets.

To put it another way, “don’t fuck with the magic”.

I have been thinking a lot about what I want to do next (and, frankly, taking some much-needed rest), and I’ve come up with a few things I want to focus on, both writing and otherwise, for the next ~6 months.

First, I’m going to work on a full website redesign, not just buying my own URL and pointing Substack to it. I’m still going to write on this site, but I want the “proper” Malt Liquidity experience to read like an e-book in the way that makes the most intuitive sense to actually learn and figure out what’s there rather than it being some sort of newsletter oddity. I don’t think a physical copy makes much sense, because of how much nested self-referential content and hyperlinks there are, but an e-book seems perfectly clickable. I realized a little too much of what I was saying was going over people’s heads, mostly because I remember everything I’ve written, but ain’t nobody got the time to click through everything.

Concurrently, I am going to do a bit more “actionable” trading content. Not levels, not deep math, not market philosophy, but stuff a curious, bright person could start looking at to develop their own market purview. I meant what I said in that people need to believe stocks move for a “reason” again, and I think I have a good enough knowledge of history, company anecdotes, and other amusing threads to give a fresh take on a lot of finance. I have made many friends over the years through endless conversation, and I know that people are still going to trade, so I want to guide people to stuff I know works because I helped guide them through the process of building it. A good friend of mine is also starting a “fair” sim-to-funded project — which is why this email has been delayed, I’ve been waiting for the launch — where the goal is to find people who trade well and give them more of an opportunity to size up without giving them criminal leverage or purposely blowing them out. I plan to take on the combines myself, partially to prove to myself that I can do it, but also to make sure that the “rules” are fair, and to understand what people are struggling with. This wil be announced fairly soon with more fanfare.

The end goal is not to become a “content guy”. I’m still going to be actively trading, for example. I considered doing audio and streaming, but I realized I just didn’t have the patience to do it. I might try doing some audio sometime in the future, but I realized I like finding interesting problems and writing/conversing about them more than I like critiquing and joking about them. I’m going to be working on a “cluster” of sites that highlight the various projects I’m working on, including the prior finance ones, involving some web3 stuff and other small tech products, and explainers for various industries. This is where I want external input, because I want to know what people struggle with! I’ve been toying with writing deep tech explainers for lawyers, deep finance content for tech people (related to managing business finances for example), and do it on my own free time. I’d like to systematize this more — one could call it “consulting”, per say, but I like to think about it as borrowing time on my internal supercomputer (brain). I also happen to have a very deep private network consisting of a lot of brilliant nerds, so I’m sure there’s a lot of mutually beneficial work to be done.

I’m waiting for a bit of paperwork to come through so I can start pushing all the stuff I have on the docket, but it’ll remain on this mailing list to some extent as well, if this is the medium that’s preferred. I hope to share more soon, the first post in the new series should come out in the next couple days.

Cheers,

Ven