iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Be Inspired

That was the last tweeted words of old school rapper “Heavy D.” He passed today at the age of 44, reasons are still opaque.

About 6 months ago, I unfollowed Heavy D on Twitter because he was too damn positive. I refollowed him again today. I’m fucked up that way.

For example, he posted this on 11/4/11:

@Heavyd
Back in the USA.. I love my life.. Only because I always have!!! BLESS UP!

A “normal” person wouldn’t have an issue with such words of positivity. Part of the cynic in me says “see where all of the positivity got you, dead at 44.” Then again, my Father died when he was just 30. For me, it’s hard to take people at their word, trusting the intentions of others. I view people as diseases, spreading their own version of plague through habits and influence. I am a big advocate of the right to bear arms and use said arms on vagrants indiscriminately.

Look at the people down near Wall Street. I know many of you nice liberals agree with their core message, as did many wealthy socialists agree with the Bolsheviks. But it’s the people who are delivering the Occupy Wall Street message who are your true enemy. They will stunt any and all progress because they are vagrants. I can confidently declare that 90%+ of the people who opt to be homeless and throw urine tainted blood at local food cart owners are degenerates. Our government and police are allowing this to carry on and it is a disgrace to this country.

Some of you are skeptical of me, due to my anonymity and coarse behavior. The truth of the matter is, I don’t care enough to hoodwink anyone. I find people like TIM, and other internet personalities, to be distasteful and the bane of society. I just want to document my experiences and help people along the way, without the spotlight or notoriety. You will never see or hear me on Fast Money or any radio show, not due to lack of eloquence or oratory skills, but because I want to be left alone. So you know, “The Fly” is one handsome devil.

Some investors believe to be successful they must read every fucking news article and research report available. They comb over the balance sheets of every company featured on CNBC and desperately try to find “the next big winner.” When they finish up their research and get long NILE, they are SHOCKED to see the stock down 8 bucks on an earnings miss. What is the lesson?

We don’t know anything. Sometimes less information is more. After all, by reading all of that research, you are infusing your psyche with the flawed opinions of others. I probably read more research than all of you combined, and post plenty inside of The PPT. However, I view research as comedy relief, not so much an investment catalyst.

My best ideas were concocted after hours of quiet thinking, imagining how the future might look. There are clues everywhere you look, from anecdotal evidence at the mall to the demeanor of a CEO on a conference call to Dow 30 component gross margins to the investor sentiment here on iBC to the algorithms inside of The PPT. Everything should be considered when molding an investment thesis.

As I get older, for the sake of my family, I am trying to be a positive person; but it’s hard. I much rather carry sawed off shotguns under my overcoat and menace at old fuckers when waiting for the red light to turn green. Space Alien Magicians (SAM) aren’t nice. They abduct fuckers from 0hio and launch them into outer space for fun. But we make great investors and that’s good enough for me.

 

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107 comments

  1. The Plumbers Crack
    The Plumbers Crack

    fig

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  2. GYSC

    Epic post.

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  3. Mad Willie Thompson
    Mad Willie Thompson

    Wow. I was just listening to this song today.

    http://www.youtube.com/watch?v=VJEbfeG2oAE

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  4. The_Real_Hmmm

    Nice post. Lots of bigger thinking going on this year it seems. I’ve always wondered, do you keep a written journal to track ideas or notes for aggregating thoughts?

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  5. KbSingh

    Rockin post..

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  6. xxxHuggieBearxxx

    What happened to your father?

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  7. tradingmantis

    Fly, you’ve been on fire with your posts as of late. I’m equally impressed with your positive benefactorial side as your twisted hilarious motherfucker side. People ask me why i work and invest and trade and follow the markets as much as i do. I always say money isnt everything but it makes life fuckloads easier for you and your family. I’m sure you’d agree. Thanks fly.

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  8. flyaway18

    Here Fly, this is for you

    Hold fast your dreams!
    Within your heart
    Keep one still, secret spot
    Where dreams may go,
    And, sheltered so,
    May thrive and grow
    Where doubt and fear are not.
    O keep a place apart,
    Within your heart,
    For little dreams to go!

    Think still of lovely things that are not true.
    Let wish and magic work at will in you.
    Be sometimes blind to sorrow. Make believe!
    Forget the calm that lies
    In disillusioned eyes.
    Though we all know that we must die,
    Yes you and I
    May walk like gods and be
    Even now at home in immortality.

    We see so many ugly things—
    Deceits and wrongs and quarrelings;
    We know, alast we know
    How quickly fade
    The color in the west,
    The bloom upon the flower,
    The bloom upon the breast
    And youth’s blind hour.
    Yet keep within your heart
    A place apart
    Where little dreams may go,
    May thrive and grow.
    Hold fast—hold fast your dreams!
    Louise Driscoll

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  9. ruggyup

    BRAVO !

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  10. ruggyup

    The BRAVO was for FLY.

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  11. TraderCaddy

    If your Dad died at 30 and Grandpa Fly (Happy couple of days before by the way) had burst blood vessels in the eyes due to high blood pressure, I am sure you are diligent in watching your BP.
    I expect to be reading your blog when my kids banish me to the assisted living facility (the old people need to chuckle).

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  12. Billy Jack

    I try. I really try. Though when I see this… I just go BERSERK!

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  13. boomrblowup

    has positive thinking shifted your food thesis to 1st quarter 2012?

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  14. J

    Good post Fly.

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  15. MarshalN

    In other news, this is hitting the magical 5% soon

    http://www.bloomberg.com/apps/quote?ticker=.ITAGER10:IND

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  16. Ultramarine1

    “However, I view research as comedy relief, not so much an investment catalyst.” — The Fly

    Man, that’s an awesome quote. I will be reminded of that line anytime I read another research report.

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  17. chuck bennett

    SAM.. ROFL

    regards

    chuck

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  18. Yogi & Boo Boo

    Lighten up Fly. You and your family deserve it. Sorry to hear about Heavy D.

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  19. Trading_Nymph

    One Handsome Devil, you are just a tease.. For the market, I do read alot, but never Research reports. If the research person was that smart they would have financial freedom and not being wasting time working for someone else, or writing reports (unless that is what they love to do). For wasting time, I just find all of this stuff so interesting. For life and positive people, I love people that have found their passion..whatever that may be. You can tell someone that are in their passion a mile away. Fly is in his passion and even if he grrrrrs a lot, I know he is having more fun then humanly possible.

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    • Trashed

      Nymph you may want to read research reports or just do anything other than what you have been doing. I’m surprised you haven’t had to pawn your computer yet

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  20. DRAXWIN

    I think this is the best post I have read since I started checking in on your website. If you can’t think for yourself, things will end badly for you. Since I was a child my best buddy and I had a saying” Be a leader not a follower.” we would laugh at all the sheep waiting in line for whatever reason while we Schemed a way to the front of the line. All the teachers and class mates thought we were degenerates… As it turned out we are the 2 most successful in our class . Not to toot my own horn, I am humble and have a lot of work to do. $ changes people, and I refuse to let it change me .

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  21. gail

    “a positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.”

    words to live by.

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  22. ALLPROz

    I still don’t get why Fly can’t think positive AND carry sawed off shotguns under his overcoat…or is it the ole positive with a positive makes a negative bit?

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    • Heaterman

      Simple. When you are armed, you have confidence in your ability to defend yourself against attacks. Bear in mind that the words “armed” and “attacks” in that statement can carry many different meanings.
      Consider the boy scout motto of being prepared. …..

      The best offense is a good defense. Treu in many different aspects of life.

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  23. Hawaiifive0

    I thought you were 35. So I’m not getting the math. How could your father die at 30? Was grandpa Fly then sort of the father figure, if I may be so quaint.

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    • DRAXWIN

      You’re a cocksucker “five o” to question someone on their fathers passing. That’s not the point nor is it any business of yours….just having a name called five o makes u a total d bag.

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      • The Fly

        Drax

        ThAnks for defending. But I put it out there and have no issues shedding light on the matter. In many ways, I’m an open book.

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      • Hawaiifive0

        Go hate somewhere else Drax,

        Fly has talked about his Grandpa countless times.

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    • The Fly

      I was 4 when my father passed. My grandfather helped raise me

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      • DRAXWIN

        my pa blew his brains out when my father was 21. Grandpa was a bad ass mofo, 7 time golden glove champion of entire midwest 7 years straight. He became a rich man, but got hoodwinked by boiler room type scammers,& accumulation of other shit led to his cowardly exit. I am not hating, I just think you are a scum bag.

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  24. huh?

    “My best ideas were concocted after hours of quiet thinking, imaging how the future might look.”

    Keeping it simple is the best way to be.

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  25. Raise Taxes, Cut Spending
    Raise Taxes, Cut Spending

    I’m conservative (as in old fashioned) financially and I sympathize with the Occupiers message. The government listens too much to the lobbyists for big business and has stopped acting for the ordinary person.

    On another note, any idea why Estee Lauder is doing so well?

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  26. Half Blood Pope

    I am slightly worried that you are spending entirely too much time at the mall Professor Fly.

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  27. bravo fly

    You’re a good man fly. I always detected the honesty beneath your sarcasm.

    Just a thought, if you are making an effort to become a more positive minded person, try to focus on appreciating all the good things in your life that you did nothing to deserve. I once asked my father how he had such strong faith in God and how he feels a connection, since it just didn’t make sense to me, and he responded that its about appreciating that which you did nothing to deserve and yet you felt as if you were being helped. This really put things in perspective for me and helped me improve my outlook. Too often people get bogged down with unrealistic depictions of God as a man in the sky throwing lightening bolts at us when we sin, and as a result feel that a lack of meaning and purpose in life. Positivity requires purpose, and its there but only to those who see it.

    Being appreciative is key to happiness, and as human beings we don’t even deserve to exist quite frankly, so we really should be appreciative for each day. That’s a big thing that a lot of the protesters don’t get, that nobody is entitled to anything. We should be thankful that our hearts pump blood through our bodies, since we certainly do nothing to deserve that.

    Sorry if that sounds preachy but thought it might be worth something.

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    • Frog Playing a Colorful Accordion
      Frog Playing a Colorful Accordion

      Good point, Bravo Fly. Gratitude does make people happier, according to research. Gratitude is a way of taking time to enjoy what we have, with appreciation. And that enjoyment makes us happy. Of course that doesn’t mean we can’t also vent our frustrations and get things off our chest. Both can be helpful

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  28. Frog Playing a Colorful Accordion
    Frog Playing a Colorful Accordion

    Brilliant post, Fly.

    BTW, no one can be positive all the time, even if they pretend to be. People are perhaps better off mostly just being who they are, as long as they are not unrealistically negative.

    The world is negative and positive mixed. It is rather important for functioning, to be in touch with both sides of reality, not just one.

    Some positive people are clueless about reality, which is a problem.

    And the kind of venting you do, Fly– releasing your frustrations, and telling it like it is as a trader in a difficult market– maybe that is the best way to end up feeling positive. By venting and releasing your feelings and getting things off your chest so that you can then let go of them and feel better about life.

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  29. theimportanceofbeingearnest
    theimportanceofbeingearnest

    The sell off is about to commence, Come with uncle and hear all proper! Hear angels’ trumpets and devils’ trombones. You are invited!

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  30. Hawaiifive0

    Fly,

    Very sorry if I got too nosy and certainly did not intend to offend. I just think your life has been very interesting.

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    • The Fly

      Hawaii

      I was not offended and have no problems talking about my Father. The wound are healed and it was a long time ago.

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  31. punyandy

    A truly brilliant post. Your best ever. No homo.

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  32. Dog

    Great post.

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  33. Damon

    The Fly getting positive over being negative rather than being positive is confusing.

    Having said that, don’t fight the tape.

    Less we forget the whole “coastal” thing.

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  34. Mark

    Wow, Fly. Huge props. Great post. It’s amazing what you have overcome to get where you are. And sorry to hear about your father.

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  35. first comic sitting
    first comic sitting

    http://cosmiclog.msnbc.msn.com/_news/2011/11/08/8707894-are-alien-probes-lost-in-space

    Alien probes lost in space…

    My friend told me the aliens probed him so when he sent me this link telling me alien probes are lost in space I immediately had to ask “Did they check Ur Anus?”

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  36. JakeGint

    If you are feeling melancholy this time of year, pick up the phone.

    I’ve got your back, bro.

    _________

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  37. JakeGint

    I promise you I am being completely straight faced serious when I say I cannot tell if this is a joke or not.

    It certainly reads like a parody…

    ___________

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      O’ Tannenbaum 🙁

      This in tonight also … a precursor to any potential Supreme Court hearing or maybe not.

      “D.C. Circuit Judge Laurence Silberman, an appointee of President Ronald Reagan, held that the Care Act was a constitutional exercise of Congressional authority. Silberman’s endorsement of the federal law is a huge political boon to the White House and supporters of the new measure because for decades he has been a Rushmorian face of conservative jurisprudence in the nation’s capital. It will be fascinating to see whether and to what extent conservative critics of the ruling go after Silberman. If they do, it would be like eating one of their own.”

      Enjoy your meal …

      http://www.theatlantic.com/politics/archive/2011/11/key-conservative-judge-endorses-affordable-care-act/248117/

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      • Jakegint

        Unfortunately for you, and for the Confiscatory Libtard Cause, Silberman got his interpretation wrong.

        If one is to use Wickard v. Filburn(See page 30 of the ruling) to justify a Commerce Clause allowance for Obamacare Constitutionality, one would have to use the insurance company as the variable in place of the farmer, not the insured, which Obamacare compels.

        Silberman, probably because he needs to take the long vacation, made a logical error in equating purchasing with providing, which is what Wickard contemplates.

        And if you think something as logically simple to understand as that is going to get past the razor sharp brains of the Conservative members of the Supreme Court, you truly are living in Liberal Loopy Land. But good luck with that.

        What is truly distressing to me, however, is how someone who purports to be for a free and open economy could actually cheer a senile judge’s ruling to compel the purchase of any good or service.

        What fucking country is it you’d like to live in, exactly? What other things would you like Congress to force you to purchase?

        ___________________

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        • TeahouseOnTheTracks
          TeahouseOnTheTracks

          No different than the States mandating auto insurance … countrywide precedent.

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    • Dave

      WTF was that!?! I can’t tell either. I can tell you where I’d like to stick that Christmas Tree though 😉

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  38. Atlas Vicious

    The ideal ratio is to be positive or happy 5/7th’s of the time.

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  39. Penn State

    I wonder what would happen if it were Paterno’s grandkid that got raped in the shower! 10 year cover up? Cmon, blowjobs and anal sex with 10 year old boys? This Grand Jury report makes me sick. Illegal donations, kickbacks, whatever. However, covering up child rape?!! And the way this guy preyed upon these kids using a program he setup for fatherless kids. Shameless. http://blogs.findlaw.com/courtside/2011/11/grand-jury-report-on-penn-state-sex-abuse-scandal.html

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  40. Penn State

    Just venting as a parent. Thanks.
    JoePa is more of an ego maniac than I thought. Go NIttany Lions, “Success with Honor”.

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  41. Pescador

    Looks like Italian bonds are hitting 7% and margins are being raised…

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  42. Yogi & Boo Boo

    Bunga, bunga. 2-10 inversion already. Toast.

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  43. soclair

    “I view people as diseases, spreading their own version of plague through habits and influence.”
    Best line of the year!

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  44. J

    Yep.. it’s now 7.3%. They are now in the officially fucked camp and there is no turning back.

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  45. Dr Funk

    Stopped out on my long hedge by 2 cents BUT, added back DRV TYP near market high at close yesterday

    Well, a quick elevator from 6.50 to 7+ on Italy bonds. You’ll try to keep this market up, Mr. USFED or BEN or OZ. But for how long

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  46. drummerboy

    dad was strong as an ox.long time ago you said grampa fly was into furniture. i take it you know what it’s like to use a hump strap all day delivering said furniture, never was an easy life…but contained so many life lessons,like honesty,along with the ease of telling anyone to go get fucked,just because….yor a good kid charlie brown

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  47. Heaterman

    Looks like Italy is going down the shitter today. Maybe it will wait until Monday but maybe not. 7%+ yield?……..nyet. Italy is gone.

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  48. Jimbo

    Tell me this is a joke. This is just bizarre! http://blog.heritage.org/2011/11/08/obama-couldnt-wait-his-new-christmas-tree-tax/

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  49. go2mars

    Reading research might suck, but writing it is sure fun! That’s where I’ve been for the last 5 weeks. I’m only home right now because my wife is having contractions. Hopefully I’ll be holding a freshly squeezed third son by this afternoon. I love my life.. BLESS UP!

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  50. Bullish

    If we all think positively, we should be able to turn these futures around… I’ll start.

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  51. MTP

    bulls were feeling pretty great yesterday… ITALY… love it we tank today

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  52. Lesley Wexler

    blah blah blah…so how come nobody saw the trade in SAM?

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    • GonzoT

      Always sell the ripps or at least lighten up..

      especially at the the EUR/USD 20sma

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  53. theedge111

    Gobble gobble.

    It looks like the Turkey Gods just got their heads chopped off and are now currently being filled with stuffing in preparation for an early Thanksgiving dinner.

    Bye bye Italy!

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  54. Vegas Trader II

    LMFAO!!!!!!!!!!!!FUCK YOU AND YOUR MOTHER TeabaggerOnHisBack. You Fucking Chump..

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  55. Dave

    That was a really good post Fly!

    Your site and all the contributors have become one of my most visited sites daily.. It’s an effed up world we’re living in but glimmers of sanity found here help to pull us through it.

    p.s. Occupiers should Occupy a Job!

    This guy pretty much sums it up
    http://www.youtube.com/watch?v=N2qqRFYv3ao

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  56. Vegas Trader II

    What I wouldn’t give, to have the liberty of pounding a railroad spike through your temple with a brick..

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    • Bullish

      Lol – come talk to us when your only position gets back to even.

      You are one angry dick. Please get inspired.

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      Respect the waves … It’s good to be me and not you.

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  57. Vegas Trader II

    Lol. Just a little message to a pillow biting queer that has been giving me a hard time Dave..

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  58. Vegas Trader II

    Will do sport, have a prosperous day..

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    • Bullish

      Also, try using the reply button. Helps us make sense who your temper tantrums are directed towards.

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      • Vegas Trader II

        Will do, have a lucrative day..

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        • Frog Playing a Colorful Accordion
          Frog Playing a Colorful Accordion

          What did you do to get someone giving you a hard time? Exhibit political leanings somewhere to the Left of Attilla the Hun? That seems to be the usual source of people giving other people a hard time around here. Most folks who aren’t John Birchers have either left the site or don’t comment on politics any more. Except for Teahouse who is as tough as nails and can deal with it all admirably.

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          • TeahouseOnTheTracks
            TeahouseOnTheTracks

            He got into name calling when my OEW readings didn’t abide with his bearish account holdings … after excercising his manhood verbally he promptly got his account blown up and his nuts blown off … Still hasn’t found Hubris and s/b apologizing rather than ranting.

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  59. Jeff

    Excellent post Fly – Project Blue Beam coming soon to a theatre near you.

    Off to eat fruit down here in ole Mexico where they try to feed you loads of pastries and other such nonsense

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  60. Ben Dover

    You free for lunch today Fly?

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  61. The V.King

    2 days before 11-11-11

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  62. TraderCaddy

    Ok. I’m serious.
    When I first read Heavy D died the first thing that flashed in my mind was that it was some kind of a Duracell “D” battery named Heavy D.
    Always learning new things here.

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  63. Frog Playing a Colorful Accordion
    Frog Playing a Colorful Accordion

    Everyone getting pummeled by meatballs heavily this morning.

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  64. Frog Playing a Colorful Accordion
    Frog Playing a Colorful Accordion

    Congrats, JT, if you are short.

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  65. tradingmantis

    Vegas trader ii

    When are we going to meet up and take this city over?

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