has anyone read beat the market by Ed Thorp??? i just finished it. supposedly, this book started an entire industry: hedgefunds. it was written in 1966 by the same guy who invented blackjack card counting, and who later went on to become a billionaire. its a simple concept, and supposedly it still works to this day in a more evolved form. the basic system he writes about shorts warrants and goes long the underlying. not far from a straddle trade in options.
Relax and be happy.