Why volatility is the only "true" math equation in finance

So far, 2024 has been an outlier year, with the S&P 500 hitting at least 41 new all-time highs, making it the index's best year since 1997. In this episode of Stocks In Translation, Yahoo Finance's markets and data editor Jared Blikre and Yahoo Finance producer Sydnee Fried are joined by Tom Sosnoff, founder and CEO of tastylive and tastytrade. Sosnoff, a veteran of the online brokerage industry, shares insights from his 20-year career as a pit trader on the Chicago Board Options Exchange. He also talks about his leap into entrepreneurship with thinkorswim, the company he sold to TD Ameritrade for $750 million, and his subsequent sale of tastytrade in 2021 for $1.1 billion. Yahoo Finance's Stocks in Translation is your guide with essential conversation cutting through the market mayhem, noisy numbers, and hyperbole to give you the information you need to make the right trade for your portfolio. Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/ Thoughts? Questions? Fan mail? Email us at [email protected]. Yahoo Finance's Stocks in Translation is hosted by Jared Blikre and Sydnee Fried, and produced by John Tejada. Learn more about your ad choices. Visit megaphone.fm/adchoices