The Convexity Maven
The Convexity Maven is a popular blog authored by Harley Bassman, an industry thought leader and commentator on macroeconomic issues and inventor of the MOVE Index. The blog is driven by Bassman’s goal to synthesize large ideas into reasonable investment themes by taking a dispassionate view of the entire landscape and to avoid being distracted by short-term noise or local volatility. He also shares his Convexity Maven Mantra—It is always about character; It is never different this time; and you are born, you live, and then you die; Prioritize your life. The blog offers in-depth analyses on macroeconomic trends, fixed income markets, and investment strategies, focusing on the concept of "convexity"—the non-linear relationship between bond prices and interest rates.
KEY FEATURES
Macro Insights.
Bassman provides commentary on various economic themes, such as interest rates, inflation, and market dynamics.
Educational Content.
The blog features a "Classroom" section that delves into complex financial concepts, offering resources for readers with a foundational understanding of statistics and finance.
Annually, Bassman compiles a "Stocking Stuffers" list, presenting a model portfolio that reflects his investment themes and strategies.
Personal Philosophy.
Bassman emphasizes the importance of character, long-term perspectives, and prioritizing life beyond work, encapsulated in his "Maven Mantra."
ABOUT HARLEY BASSMAN
Harley Bassman is a legend among bond investors with a 35-year career in the investment management industry.
He is best known for creating the MOVE Index, the treasury volatility cousin of the VIX and a recognized standard measure of Interest Rate Volatility.
He spent 26 years at Merrill Lynch and was responsible for the creation and implementation of several of the more innovative approaches that have shaped the ways in which investors access and use options, derivatives and structured products.