The Blockchain Advisor ™

Do you wonder why it takes so long to be notified of a cybersecurity breach?

Connect with Charlie on LinkedIn https://www.linkedin.com/in/charliestenger/

In this episode we return from a long break from interviews. Today we chat with Miguel Kudry, co-founder of L1 Advisors. L1 Advisors has an exciting web-based platform for investment advisors to advise clients their "on-chain" cryptocurrency holdings. The biggest dilemma for advisors up until now was helping clients

Investment advisors are going to love this episode!

Everybody knew Rick Kucera, trading badge RKT! Rick was fortunate to have formed great relationships with the best of the best on the trading floor. Mentored by Dick Handelsmann and Richard Carrigan, clearly the most successful traders and brilliant minds of the early 1970's. Rick had a successful career in the equity and index trading pits. He is "semi-retired" living in Tennessee, and sits on many Boards. While he envisioned a career playing basketball with the NBA, he has dedicated most of his life building connections and being a serial entrepreneur.  

Today we chat with Dan William a retired FBI Special Agent. Dan worked for 23 years with the FBI in forensic accounting and counter terrorism.. Dan continues to work in the private sector spending time in the dark web and chat rooms of cyber hackers. Dan works with business owners on a daily basis who've been the victim of a targeted cyber-attack. These companies are "frozen" after the attack as the network and data files have been encrypted and held hostage. Hackers request Bitcoin as the preferred method of payment for releasing an encryption key to unlock the files. Don't think for a moment only a few rogue hackers around the globe are holding computer data files hostage. Cyber-attacks is a big, lucrative business occasionally sponsored by a Nation State. Ransomware as a Service (RaaS) is actually a thing! Dan offers several tips on how to avoid being the victim of a cyber attack.

Mark Oakley shares his story of growing up in a small farming community in downstate Illinois, population 1,100, to becoming a successful broker at the Chicago Board Options Exchange. He started in 1973, the opening day of trade and might just be the youngest member we've interviewed. 

Mark is currently recovering from lung surgery (something we're familiar with) and he would be grateful for any donations to the National Foundation For Transplants at https://donate.transplants.org/markoakley

JJ Kinahan is one of the good guys from the CBOE. He was the youngest trader at the CBOE in 1986, and had a successful career trading options. He transitioned to ThinkorSwim with Tom Sosnoff, then TD Ameritrade. JJ Kinahan is now with Tastytrade as Vice President and Chief Market Strategist. 

Cenacle Capital Management. Bridging the Gap Between Traditional Investing and Digital Assets.  www.cenaclecapital.com 

In these latest episodes of The Blockchain Advisor™ we go back to our roots at the start of the modern-day derivatives market as we interview floor traders and brokers from Chicago Board Options Exchange. The start of the bull market in 1982 was a special moment in time we shared on the trading floor! The Crash of 1987 is an event that left an indelible mark on our psyche and taught us the meaning of tail risk as opening rotation volatility of options exceed 300%.

In this time of high speed algorithmic trading, we can't forget the stories and  experiences of those who were the founding members of today's derivative market.

We live in a world of high-speed algorithmic trading, dark pools and smartphone investing apps. Decentralized finance or DeFi using blockchain technology is coming at supersonic speed.

The SEC and CFTC are struggling to regulate decentralized cryptocurrency exchanges, stablecoins and decentralized lending. In our Closing Rotation series we interview and pay tribute to those people who risked personal capital and created today’s modern derivatives market.

Early members at the CBOE are passing away and we want to capture these memories. Closing rotation refers to the days on expiration Friday when a series of options were retired and the prices settled for the last time.

The series will provide cryptocurrency and DeFi enthusiasts an opportunity to understand the foundational experiences beginning in the 1970’s where we did everything by open outcry, hand signals and paper trading cards.

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Our best trades quite often have come from occasionally doing opposite of what the financial news media is promoting!

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Closing  Rotation refers to the days at the Chicago Board Options Exchange on  expiration Friday after the 3:00 pm market closed when a series of options were retired and the prices settled for the very last time.

In these latest episodes of The Blockchain Advisor™ we go back to our roots at the start of the modern-day derivatives market as we interview floor traders and brokers from Chicago Board Options Exchange. The  start  of the bull market in 1982 was a special moment in time we shared on the trading floor!

In this time of high speed algorithmic trading, we can't forget the stories and  experiences of those who were the founding members of today's derivative market.

We live in a world of high-speed algorithmic trading, dark pools and smartphone investing apps. Decentralized finance or DeFi using   blockchain technology is coming at supersonic speed.

The   SEC and CFTC are struggling to regulate decentralized cryptocurrency exchanges, stable coins and decentralized lending. In our Closing   Rotation series we interview and pay tribute to those people who risked   personal capital and created today’s modern derivatives market.

Cenacle Capital Management. Bridging the Gap Between Traditional Investing and Digital Assets. www.cenaclecapital.com

Closing  Rotation refers to the days at the Chicago Board Options Exchange on  expiration Friday after the 3:00 pm market closed when a series of   options were retired and the prices settled for the very last time.

In these latest episodes of The Blockchain Advisor™ we go back to our roots at the start of the modern-day derivatives market as we interview floor traders and brokers from Chicago Board Options Exchange. The  start  of the bull market in 1982 was a special moment in time we shared on the trading floor! 

In this time of high speed algorithmic trading, we can't forget the   stories and  experiences of those who were the founding members of today's derivative market.

We live in a world of high-speed algorithmic trading, dark pools and smartphone investing apps. Decentralized finance or DeFi using   blockchain technology is coming at supersonic speed.

The   SEC and CFTC are struggling to regulate decentralized cryptocurrency   exchanges, stable coins and decentralized lending. In our Closing   Rotation series we interview and pay tribute to those people who risked   personal capital and created today’s modern derivatives market.

Cenacle Capital Management. Bridging the Gap Between Traditional Investing and Digital Assets. www.cenaclecapital.com

Closing Rotation refers to the days at the Chicago Board Options Exchange on  expiration Friday after the 3:00 pm market closed when a series of   options were retired and the prices settled for the very last time.

In these latest episodes of The Blockchain Advisor™ we go back to our roots at the start of the modern-day derivatives market as we interview   floor traders and brokers from Chicago Board Options Exchange. The  start  of the bull market in 1982 was a special moment in time we shared  on  the trading floor! 

In   this time of high speed algorithmic trading, we can't forget the   stories and  experiences of those who were the founding members of   today's derivative market.

We live in a world of high-speed algorithmic trading, dark pools and smartphone investing apps. Decentralized finance or DeFi using   blockchain technology is coming at supersonic speed.

The   SEC and CFTC are struggling to regulate decentralized cryptocurrency   exchanges, stable coins and decentralized lending. In our Closing   Rotation series we interview and pay tribute to those people who risked   personal capital and created today’s modern derivatives market.

Cenacle Capital Management. Bridging the Gap Between Traditional Investing and Digital Assets. www.cenaclecapital.com

High earners only have few choices when saving for retirement 

1. Individual Retirement Account which currently has a 2022 max contribution of $6,000. (1)

It's a little complicated but #1 & #2 are classified as Defined Contribution plans because YOU contribute to your plan. #3 is a Pension plan, which means the company contributes adequate funds to an account in order to pay you a pension of $245,000 per year. #4 is an account with reimburses you for medical expenses in post-retirement. It is not an Health Savings Account. 

Listen to this very interesting interview for a unique perspective on how to make six-figure tax deductible contributions to your own pension plan!  

1.https://nb.fidelity.com/public/nb/default/resourceslibrary/articles/irslimits