I was going to do a post about tax loss selling; but then I changed my mind. I am sick of preaching about what to do or what not to do. This cannot be my fate, explaining the most remedial investment philosophies to people dressed in sub-standard ballroom garb.
Amazingly, the market is flat and my stocks are just sitting there, eating peanuts, watching the teevee. For all intents and purposes, the year is over. Most money managers are on vacation until 2012 and have closed out big positions. As for me, I am about 25-30% cash and feel inclined to buy more TZA rather than add to my stupid positions.
I will be lucky to close out 2011 with a 10% gain. Barring some sort of fucked up crash, I will make at least 5% in 2011, by all measures an abysmal year. However, when looking at things through a different scope, my assets are moving higher. I have made money every year since 2002. Despite 2011 being lackluster, I know it’s only a matter of time before I catch a monster winner. I will not rush destiny, for time cannot be altered, only managed.
Having said that, there is nothing of great interest to me now. Everything is sort of bland and I am bored.
29 Responses to Patiently Winning
You sire are full of shit. May I see your audited returns? Of course I cannot
My returns are none of you concern, frankly. You should pay homage to the fact that I’ve allowed you to dwell here for so long. But no more!.
Sir, you are banned.
The front page pic is The Fly kicking Lars off the site.
The concept of sending audited statements to some piece of shit on the internet is hilarious.
Please Mr Pennington, see this special message I have and note the words esp for you:
You sir are an ignoramus.
You’re like the rube who walks onto the B Ball court on West 4th street downtown and sees a player you don’t recognize and shouts ‘Hey! That guys no good! I can play better!’ without even bothering to check the fact that you are watch M Jordan warming up…
Mool, you wanna be gansta with your artificial prowess on these here internets worshiping your gold-toothed deities…
I worship only G-D. The ‘Method Man’ is not an object of worship, he is a lampoon and characature, If you possesed the slightest ounce of street knowledge or were raised in NYC you would understand this. On the subject of ‘gangstas’ (sic) I am not a ‘wanna be’ anything. I am ALLNY ‘ALLPROz’. I do not profess to know anything about you, but you know even less about me. I am not here to brag or boast simply to state opinion. Lars spoke with his head up his -ss and was shown the door as well as a humorous melody. It is SATIRE ‘allproz’, but then if you actually understood it you’d already know that. Go back to your mainstream ignorance, IBC is for intellects and grown ups.
Lars, you are a rank idiot! Why do you want Fly’s audited accounts you loser?
I’ll shove my audited account up your whatsits, if you don’t shut your trap. Then we’ll really hear you really down the internets.
Some of us are here for insights and tip top tips to help us profit famously. But maybe you need to be able to rub a few brain cells together. Take the article you are criticizing as an example (one of many that I’ve profited handsomely from thank you very much). Check the headline again; “Patiently WINNING”? Geddit?
Didn’t think you would. After all you seem more interested in Fly’s accounts than your own. OK try; Patience with WINN & ING. Ha ha ha. Penny droped?
I backed up the truck and loaded up on WINN on Dec 15th, already up 80%. Same day I bought ING in massive size… right on the button… up 15% already.
So where are you now Lars man? Sobbing into your porridge I bet.
added some TZA as well.
And upgrading my ball room garb.
Where did all those hedge fund geniuses go that kept on focusing on Dr. Copper?
“Dr. Copper is always right”…”it is all I follow”…”watch copper and it will tell you where the market is going”…blah, blah, blah.
Copper is down 30% YTD and the market is up???
Another brilliant hedge fund idea propagated by the CNBC idiots that has failed.
Copper is NOT a fucking doctor.
Copper is a chiropractor…he just calls himself Doctor.
Now that’s cold.
or a dentist
V & ALXN are winners.
There’s a band similar to your name who had a few decent songs a while ago. They’re named: …And You Will Know Us By The Trail of Dead. Cool name for a band.
So where are the predictions for 2012? I always look forward to expert predictions at this time of year.
While my favorite prognosticator is Gerald Celente, I am fond of Le Fly’s prose.
Too bad Mr. Celente didn’t predict MF Global running off with all his money.
LOL. He would have lost it anyway, with silver down as far as it is.
Celente is like the Mayans not foreseeing the drought that would wipe them out
2012 predictions will be released tomorrow
I want to know who will be US president, already know where market is going
2012 iBC Predictions should be a pay-site this year. I’m certain that they will be Pulitzer material.
left over sammich with bernaise.. if its too boring. washed down with an arnie palmer, followed with a humongus belch at the cnbc halftime report. cause its so boring.
I am booking returns of flat to 2.5% depending on mandate. Not bad for a whip saw year.
I have eaten so much Christmas food that I consider suicide and waiting for my stomach to shrink back down equal options.
Anyone following oil/gas harsh environment exploration and production will find this helpful:
KNDI is now patiently winning! Up over 40% in 6 days!