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
22,548 Blog Posts

In Search of Intelligent Life

A typical day of mine consists of 3-4 hours of sleep and lots and lots and lots of reading, watching and listening. For years, I’ve been reading anything and everything that I can get my hands on. I’ve studied the profound and the inane. For over a decade, I’ve isolated the bulk of my reading to the classics, novels, biographies, poetry and essays. Over the past 6 months, I’ve put the books down in exchange for cinema.

I found, while in conversations with the average pedestrian, cinema is a topic of great universal appeal. Most people don’t have the capacity to read 5,000 pages of art per month, so they chew on popped corn and watch movies. I’ve always enjoyed going to the movies; but I had very little knowledge of the old classics, which is why I embarked on an obsessive mission to see them all, literally.

On average, I’ve been watching about 1 movie per night, sometimes more. I do that in the late night, past midnight, when the bats are hanging upside down in your garages.

During the day, I listen to conference calls, bloomberg radio, CNBC and read an inordinate amount of research. Since I am able to read at a pace no less than 800 words per minute, I skim through everything in minutes.

I consider it a goal of mine to learn as much as possible, so that when I die it will all be one giant extraordinary waste. To live a life of the mundane is to jape at a funeral procession. I never jape, mind you, at funeral processions, except for one time when I was young and the coffin was exceedingly funny.

There is nothing amusing about being a log headed moron, might I add. You should take offense to your own ignorance and take corrective measures at once.

I like to read everything. I listen to everything, all types of music, from African jungle drums to African American jungle drums.

As I edify myself within the laws of reason and logic, the purblind loses comedic appeal. I once found great pleasure in watching men have pies thrown into their faces, or clowns shot from undersized cannons. I’d watch such occurrences while eating chocolate covered nuts and cottoned candy, sugared food goods designed by pharmaceutical companies to make me obese and feeble. But everything loses its luster after a while, even tossing foul mouthed barbs on the internets at total strangers, doesn’t it?

The reason why I love stocks so much is because the rules of the game are constantly changing. What works today is assured to bankrupt you tomorrow. Complete fools are able to make billions and geniuses fail to make a red cent. It is the ultimate arbitrager of collective intelligence, sum of parts transient so that no one can master it, not even high powered computers developed by the world’s brightest. Their best edge was to cheat, by grabbing information faster than everyone else, not exactly noble prize winning innovation.

I’ve concluded that it is my life’s work, a CHARITABLE FUNCTION OF THE KINDEST ORDER, to read the tea leaves, develop tools inside The PPT, share wit, for the benefit and at the behest of the mentally disadvantaged– so that they too can snatch a little bit of coin for themselves to help finance the purchase of a few morsels of grain alongside a few cherries and certainly some sweet, buttery pie, for the purposes of general consumption for their lovely families.

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35 comments

  1. pedro

    You’re a beauty, ole chap. Well done.

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  2. Virtue919

    That was a piece of art my friend. Your writing is like fine wine, it gets better as you age.

    I must say however, there is more wisdom for you to encounter yet.

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  3. Half Blood Pope

    Why spread on’s self thin?

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  4. TMoe

    wow Fly, we are eerily similar creatures.

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  5. DJMarcus

    Fly, do you prefer kettled popped corn, sea salted popped corn, buttered popped corn, or plain popped corn?

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  6. tw

    For your viewing pleasure:

    Cinema Paradiso
    Bicycle thief
    M
    and anything by Eisenstein

    for your foreign film fix.

    CP is my personal favorite.

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  7. Paul Tudor Jones

    Let’s get one thing straight pal.
    Le Fly does not sleep.

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  8. MOOBER

    May I recommend Eraserhead?

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  9. The Fly

    Watching “they might be giants” now

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    • The_Real_Hmmm

      That sounds like a Fly movie- “title is an indirect reference to Don Quixote” and “millionaire who retreats into fantasy after the death of his wife, imagining himself to be Sherlock Holmes (BEAS).”

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  10. Coy

    If you haven’t already read “Titan: The Life of John D. Rockefeller” I’d highly recommend it. The best biography I’ve ever read. Especially for someone interested in the art of amassing great wealth.

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  11. Cascadian

    Is it better to be a rich fool, or a banko genius? I mean, if you had your choice and you had to choose one— which would you choose?

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  12. Clock

    Fly,
    Some that might work for ya…
    http://www.imdb.com/chart/top

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  13. Trading_Nymph

    FLY, FLY, FLY and everyone else, I am going into Cold Turkey for the Month of Feb, no Game or Market news for this Nymph. I am flying off to Paris, then onto Carnival in Italy…going down the Northern Italian Cities until Rome, even got Pope tickets for Ash Wednesday. In March I will give a first hand account on what I saw…well unless the Gyspys get me. Ciao!

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    • flyaway18

      Have a blast and maybe post some pics on your FB page if you still go there!

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    • Blind Read Ant

      Investigate reality and deduct! Bring folder or digitize records! This is not tax advice.

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    • Berserker

      You’ve got to stay in and connected – seems like years that you’ve waited for the current macro environment (contrarian perspective). Now is your time to set up for “potential” April/May profits.

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      • Trading_Nymph

        Beserker, You know it wil be the stock gods laughing so hard if they crash all of this and I can’t see it first hand. lol, Blind Ant..SO TRUE, I will get to see it first hand!! Flyaway..I don’t do FB at all these days, except to say hi to a Disneyworker that hooks me up with free tixs..But, maybe I will get back on to do pics. Or post them here in the Peanut Gallery when I get back.

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  14. JV

    I’m a fan of biographies. Just finished Clint Hill’s ‘ Mrs. Kennedy & Me ‘ – yes, the story has been told one million times but it was a great read from a different viewpoint.

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  15. TraderCaddy

    Speaking of funerals, I need to update our wills and make sure the plans are specified. I am pretty sure I want to be buried at a “natural” cemetery. Basically it’s no embalming, no casket- just wrap you up, put a GPS on you and then toss you in the woods with the other deceased people and animals. And it is much less expensive. Unfortunately the closest site is in Gainesville (Go Gators) but I told my kids to throw me in the trunk and then on the way up stop off at some of my favorite spots- kind of like Weekend At Bernies.
    I have found two things in life that are just a financial ripoff and they play off your emotions. That would be weddings (you love your daughter don’t you-get the deluxe package) and funerals(you love the deceased don’t you -get the deluxe package).
    As an aside I have also noticed that Bar Mitzvahs, Confirmations, etc. also tend to be ridiculous and is done mostly to “keep up with the Jonses” (or Greenbergs in some cases),

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    • Mad Willie Thompson
      Mad Willie Thompson

      @keeping up with the joneses/greenbergs…absolutely right, TC. Many years ago, i was a waiter at a fancy, members-only club in LA. It was not at all unusual for parents to drop 100k on a bar mitzvah or sweet 16 party. Weddings were frequently in the 250k range. There was definitely an air of competiton. I got to see some amazing human behavior too…mother of the groom attacks the bride with a champange flute, etc. good times.

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    • The Plumbers Crack
      The Plumbers Crack

      Well said Sir TC.

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  16. Mr. President

    Brilliant post. Top-notch.

    Have you read Moby Dick all the way through?

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    • TraderCaddy

      Yes, Moby Dick was a great one.
      I read it after I graduated High School. It read better as a novel than it did in The Cliff Notes (called Spark Notes these days) version in 12th grade.
      As an aside and a consequence of the US Department of Education taking over our kid’s education be aware that they have come up with a gem called Common Core Standards. It will cut out about a third of the classics and substitute “pop” crap (and some say political propaganda readings). This is for Nationwide standardized testing in two years.

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  17. wilmer

    I only sleep 3-4 hours a night as well, but I’ll be damned if I don’t feel like shit all the time because of it. Between work and family there aren’t enough hours in the day.

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  18. UglyFlint

    Immensely sublime.

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  19. Matt

    Since you read so damn much, you should know that bats LEAVE the garage at night and sleep during the day. Perhaps your reading comprehension is diminished because you try to do it too fast.

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