GOODBYE 2011

It was a year spawned from hell, helped along by the incompetence of politicians, worldwide. Equity markets plunged, save USA, and most people lost money. I close out 2011 a winner, but barely. Having booked my worst year since 2002, I am motivated to tighten the reigns and outperform in 2012. Although I expect more of the same, fueled by a debt crisis that simply won’t go away, my destiny will not stand for two years of mediocrity. Bank on that. I’ve designed strategies to deal with it and will enact said plans in 2012.

I want to thank those of you who make iBankCoin the best destination for meat loaf throwing and financial discussion on all the internets. If you find yourself still able to read this site, odds are you have been filtered and accepted by the iBC cognoscenti as “a person of great interest.” The rest of you fuckers have been banned.

To be perfectly forthright with myself and many of you, I’ve failed to live up the gold standards of investing excellence in 2011. I attribute my setbacks to the unprecedented level of sheer fuckery, where traditionally reliable correlations failed, in exchange for low percentage outcomes. Meaning: all of the things I’ve learned and come to rely on, through the many years investing, was thrown into a blender, resulting in random outcomes. Randomness is my enemy, as it cannot be controlled.

If there is one thing I successfully predicted was the compression of US yields, as evidenced by the price of TLT. I was buying it in the mid to high 80’s. But I let that victory slip away, like so many others. I endured painful losses, similar to the absolute tyranny taking place in DECK today.

Without a doubt, I bid 2011 farewell and wish it never to return again. I endeavor to wipe clean any and all memories of this God forsaken year and will look to start anew in 2012, with fresh ideas and better stratagem.

I hope you all enjoy the New Years celebrations and inebriate yourselves with conviction as if this was the last, for it might very well be exactly that!

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