I think that the holidays feel like frozen noses. I love walking with the dog for long periods of time.

Hopefully it's snowing and you've got to wrap up warm. So I think a frozen nose is

then sweaty armpits because like you're wrapped up so warm but then you're climbing hamps

and heath and you get to the top and you're like and then you can see the breath

but then your nose is still freezing to touch.

Joy in every zip with red carp now back at Starbucks. Between forgetting the sellotape,

trying to squeeze eight people around a six-seater table and the cat taking down the tree.

Again! Christmas can be tricky. At least with royal mail,

sending parcels is easy. You can save time and money when you buy your postage online

and we'll collect from you door for zero pounds. Whether you have one, two or twenty to send,

just click save and we'll collect. Visit royalmail.com forward slash send.

Simple, offer in 31st of December for details online.

Markets, speculation and risk. This is the Chatwood Traders podcast.

You're listening to episode 243. I'm Tessa, co-host of Chatwood Traders.

This is a special episode with Aaron hosting alone with our guest. It doesn't contain talk on how to

recharge, how to pick the direction of stocks or how to handle your trading psyche.

But for some of you, this episode will spin your mind and bend any preconceived notions that you

might have about trading because it shines a spotlight on what happens if you were to uncover a

structural inefficiency that can be exploited. The featured guest on this episode is Moritz

Seabirt. A few of you may already know Moritz and if so, you probably know him as the trend follower

and for his crypto related interests. But almost no one knows that he was actively arbitraising warrants

on Germany's DAX. For nearly three and a half years, he's never spoken about it publicly

...