Patiently Winning

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

Lars Pennington says:

You sire are full of shit. May I see your audited returns? Of course I cannot

Reply
moolahheaven says:

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…

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ALLPROz says:

Mool, you wanna be gansta with your artificial prowess on these here internets worshiping your gold-toothed deities…

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moolahheaven says:

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.

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RealLife says:

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.

Reply
Quint says:

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.

Reply
FIG says:

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.

Reply
drummerboy says:

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.

Reply

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