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
23,445 Blog Posts

The Profits, They’re Too Big

A long time ago, when I was working until midnight in the cold calling pits of an unnamed NYC brokerage house, my mentor came back to the office after an evening of drinking. That office was open all night, as the brokers who worked there had the work ethic of mules. He approached me and sat down, then said “I just took home $80,000 this month and don’t know what to do with it.” He was obviously trying to motivate me by bragging about how swell his life was. Little did he know, I never cared about his life, as I was always interested in my own. Back then a good meal was romanian steak and fries at a diner. Back then, I was lucky to have enough money to pay for my dry cleaners.

Fast forward 15 years and I am making the money my mentor once bragged about; but I don’t feel fulfilled. Whatever I am making, someone is making more. It’s the never-ending spiral upwards, the plutocracy if you will, that has me wanting more.

As I talk to you small plebs now, I am sure you feel comfortable in your housing tenements, watching CNBC from a black and white television. Just know, I don’t feel sorry for you. As a matter of fact, I have no feelings at all, whatsoever, as to your prospects, since I am only interested in my own.

With that being said, ironically, you stand to benefit a great deal from my obsession by siphoning off my brain stem for cogent stock ideas.

As you read this diatribe, I am up more than 2.7%, led by YGE and CZR.

Of course I think both trade higher, as well as SOL, IMMR and ANFI. However, if you want my single best idea that has yet to make the rounds thus far, have a look into JIVE–you turkeys. And I mean that in my most sincere way possible.

If you enjoy the content at iBankCoin, please follow us on Twitter

7 comments

  1. The Eye-Talian Stallion
    The Eye-Talian Stallion

    EXK looks mighty good under 4.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. OG

    My ass is sunburnt. Thank you.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Yabollox

    How much you make, relative to others, is not very important in life.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      It’s only important when it’s time to pay for college tuition, mortgage, cars, vacations, groceries, parties etc.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. chuck bennett

    That mentor got his neck broken on the beach last year.

    Chiropractor trying to hook him up.

    regards

    Chuck Bennett

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Arlie Zoldesy

    Hello.This post was extremely fascinating, especially since I was investigating for thoughts on this issue last Thursday.

    • 0
    • 0
    • 0 Deem this to be "Fake News"