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
23,431 Blog Posts

A Pleasant Morning

Seriously, is there a better job than managing money or being a trader, during times like this? If you’re not in the business of actively prospecting, getting hung up on by 100 year old men in wheeled chairs, this is as good as it gets. You get to come to work and write your own meal tickets. If money is tight, no problem, simply invest more money and make more money.

What could go wrong?

If you’re a corporate hack, beholden to the iron grip of some middle management position, getting whipped upon by Xerxes, I feel sorry for you. You get to punch a clock and fetch coffee for the C-level execs, making bullshit money along the way. As investors, managers of other people’s money, the world is our oyster.

S&P futures are higher this morning, ahead of Janet Yellen’s Jackson Hole speech. It’s in her best interest to keep the status quo going, letting guys like me have their way with the US economy, so that the bills get paid.

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15 comments

  1. Trent J

    “If you’re a corporate hack, beholden to the iron grip of some middle management position, getting whipped upon by Xerxes, I feel sorry for you. You get to punch a clock and fetch coffee for the C-level execs, making bullshit money along the way”…

    Thanks for writing up my new profile for me.

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  2. from gorby

    Those days are gone though still
    making bullshit money

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  3. dewey dortmunder
    dewey dortmunder

    It is a pleasant morning here too in the land of the retired. Are you still feeling the blow off top in the next week, oh great mogul?

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  4. bruce keller

    IWM is the sneaky Pete of the day IMO… all about dat RUT today.

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  5. tradercaddy

    And a pleasant AM to you.
    My GDX is blowing chunks but my TZA is holding up well (watching VXX) and my cash is still in the coffee can buried next to the third Valencia orange tree in the second row.
    I still like an Aug-Oct swoon but I ain’t stupid and will change everything on a moment’s notice.
    Off on a bike ride past the corporate HQ of AAA, Fiserv, and Dixon Ticondoroga where much coffee is being fetched.
    Too nice to be staring at a screen this AM.

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  6. taxmonster

    Thanks – that made me feel better about my life as I rolled into the office, fired off the Keurig machine and started to reply to emails my CFO left me last night. Your a dick.

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  7. halfbloodpope

    My accountant says I can retire 8 years after I die.

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  8. cat

    Top of the risk management morning to you, Dr. Fly. Life is good. I retired from practicing divorce law (talk about a soul sucker) and am now happily trading.

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