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FT Alphaville
@alphaville.ft.com
A markets and finance blog that's outside the FT paywall. All we ask is that you register to read: https://on.ft.com/3tDRiiu
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Seasonal bonus content pt.2: microcap flour-to-crypto thing with a Trump association is doing a stablecoin backed by Burkina Faso gold apparently.

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December 24, 2025 at 9:50 AM
Seasonal bonus content pt.1: what's Robert Bonnier been up to lately?

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Dotcom tycoon to bankruptcy court: the fall and fall of Robert Bonnier
[FREE TO READ] Amid claims of AudioBoom share price manipulation, a judge found Bonnier lied to secure investment from Nick Candy
as.ft.com
December 24, 2025 at 9:34 AM
Possibly the dorkiest Christmas quiz of the year. www.ft.com/content/2245...
FTAV’s Christmas charts quiz
On the twelfth day of Christmas my true love sent to me twelve charts a’charting
www.ft.com
December 23, 2025 at 10:00 AM
'Tis the seasonal filler content.

www.ft.com/content/c5e1...
The best of FT Alphaville, 2025 edition
TL;DR: lots and lots of navel-gazing
www.ft.com
December 22, 2025 at 8:14 AM
Reposted by FT Alphaville
It's never truly Xmas till the @alphaville.ft.com Person of Interest list arrives
www.ft.com/content/6d1e...
Person of Interest 2025: the longlist
A 12th annual celebration of cancellation
www.ft.com
December 19, 2025 at 3:06 PM
The new way to lose money gambling is very similar to the old way to lose money gambling.

www.ft.com/content/1ac0...
Prediction markets barely make money; sportsbooks make money
Kalshi’s ‘truth machine’ is financialising differences of opinion (about sports)
www.ft.com
December 19, 2025 at 3:09 PM
Here's what's kept us busy this week.

ftav.substack.com/p/no-one-kno...
No one knows anything. Let's ask them about that
Also: passive investing, quant turbulence, rotisserie chickens, and football finances
ftav.substack.com
December 19, 2025 at 12:45 PM
It's that magical time of the year.

www.ft.com/content/6d1e...
Person of Interest 2025: the longlist
A 12th annual celebration of cancellation
www.ft.com
December 19, 2025 at 12:24 PM
Happy Friday, we got you a long read on where Handel, Keynes, Newton, Turner and Darwin might day-trade if they'd been born in a different century and chosen to waste their lives.

www.ft.com/content/5d21...
Which genius from history would have been the best investor?
FTAV goes hedge fund headhunting through the ages
www.ft.com
December 19, 2025 at 8:30 AM
The most ambitious, least logical fusion project since King Crimson.

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Trump’s TMTG is merging with . . .  a fusion energy company?
[FREE TO READ] It’s not a pivot to video at least
as.ft.com
December 18, 2025 at 1:56 PM
Mark to maaaa_
    a
     a
     a
     a
     a
     。
    。
   .
   .
    .
    .

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Private market marks, say hello to public markets
[FREE TO READ] Ouch
as.ft.com
December 17, 2025 at 1:06 PM
Justice is, and cool-down rotisserie chickens are, served.

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We read the novel-length Morrisons rotisserie chicken judgment and all we feel is pain
[FREE TO READ] Tax return to hot chicken
as.ft.com
December 16, 2025 at 7:37 AM
Reposted by FT Alphaville
🚨A new angle on private equity’s volatility laundering
www.ft.com/content/ff83...
Here’s a new angle on private equity’s volatility laundering
Long and invariable lags FTW
www.ft.com
December 16, 2025 at 7:30 AM
Reposted by FT Alphaville
Loved this update on Invesco's increasingly desperate attempts at getting shareholders to OK the overhaul of its money-spinning QQQ exchange-traded fund. www.ft.com/content/0dba...
Invesco’s QQQ outreach will continue until consent improves
If you don’t at first succeed, try and try and try and try and try and try and try and try and try and try again
www.ft.com
December 15, 2025 at 1:05 PM
CCC: weird name, weird company.

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How related are CCC’s unrelated parties?
[FREE TO READ] Inside the Polish shoe-shop chain’s complicated family ties and unresolved Russian legacy
as.ft.com
December 15, 2025 at 7:29 AM
Reposted by FT Alphaville
Bonus weekend @alphaville.ft.com content from George Steer www.ft.com/content/6d6c...
The downfall of Do Kwon
FTAV watched on in court as a New York judge eviscerated, then explained, the Terraform Labs co-founder’s dramatic rise and fall
www.ft.com
December 13, 2025 at 9:39 PM
Week done. Chart time.

www.ft.com/content/1e0d...
FTAV’s Friday charts quiz
The Viz Vs. The Nuge
www.ft.com
December 12, 2025 at 6:11 PM
Reposted by FT Alphaville
In October, Renaissance Technologies suffered a nightmare, with its two public hedge funds abruptly losing about 15%, before soaring back in November. Yet for a lot of other big quantitative investors, the autumn was mostly plain sailing. Why? on.ft.com/4aGVxNG
December 12, 2025 at 2:00 PM
Here's what we've been up to this week.

ftav.substack.com/p/spacex-cel...
SpaceX: celestial AI for an astronomical valuation
Also: tail-risk protection, degen tracking, whale oil, and kicking robots
ftav.substack.com
December 12, 2025 at 1:41 PM
Keep Alphaville free by giving us money in exchange for branded goods.

www.ft.com/content/39aa...
How to buy FT Alphaville merchanise for your loved ones this holiday season
seo seo seo seo
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December 12, 2025 at 12:59 PM
Reposted by FT Alphaville
Bloody hell, the SEC’s Caroline Crenshaw is not leaving the organisation quietly.

She says there is a “rapacious” appetite to deregulate, and warns that “the darkest depths of winter still lie ahead for America’s capital markets”. www.ft.com/content/7027...
December 12, 2025 at 10:30 AM