Month: April 2026

  • Thursday tidings: Hard launch edition

    (apologies if this is your second time hearing from me today) Today’s post will be pretty quick because it’s more about exciting things that aren’t happening on the blog (and I have a backlog of posts written by both me and others to get through anyway). First, I joined my friend James for an episode…

  • Monday musing: Living in the upside down

    Monday musing: Living in the upside down

    One thing that is consistently discussed at every level of churning and MS is a need to adjust your mindset away from conventional wisdom. Those mental blocks can make it difficult for you to take advantage of profitable opportunities, whether you’re dipping your toes in or approaching dolphin level.  In the neverending “what volume qualifies…

  • (Geo)arbitrage, but make it MS

    (Geo)arbitrage, but make it MS

    Pretty much everything we do as MSers boils down to arbitrage. While it may not necessarily follow the textbook definition that requires buying and selling an asset, it’s still a neverending pursuit of market inefficiencies. There’s obvious examples – “pay” to earn points at a rate that is lower than the rate that you liquidate…

  • Why don’t we call the bank?

    Why don’t we call the bank?

    There aren’t too many absolute statements in the churning and MS world, because things are constantly changing. What’s ok today is not tomorrow, and that might be fine because there’s a whole new thing that wasn’t there yesterday. But there’s still a handful, one of which probably stands above the others in ubiquity – don’t…

  • Guest Post: Positive EV

    Guest Post: Positive EV

    Today’s guest post is the second from my good friend and fellow court jester smugdog, who wrote a very-well received guest post last week. Thanks for the post man! If you hang around this community long enough, you’ll realize that you’re part of a group that looks at the world in an odd lens. For…

  • Don’t be suspicious, don’t be suspicious

    Don’t be suspicious, don’t be suspicious

    As a result of changes to bank policies and plays dying lately, we’ve seen a lot of folks diving into new ways to continue squeezing those extra drops of juice out of MS transactions.  I’m glad that people are thinking outside the box (and outside the usual suspects) because that skill is only going to…