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

My Transformation is Complete (No Bruce Jenner)

The new GARP index is up in Exodus, which is a semi-annually managed portfolio of 15 stocks that I maintain. It has, in what I consider to be, the very best growth stocks with the lowest risk. Last year’s first half portfolio returned 13%; the second half gave it all back for a giant wash. I will do better in 2016.

Also, I updated the Bubble Basket, Old Man Portfolio and Tech indexes, again all found in the hallowed halls.

Moving on: I am out of the stock business. I cleared the decks for 2016 and will be solely focused on trading the oversold/overbought signals from Exodus. This will be a tremendous boon for members, since I am going to dedicate all of my time in the system and not get harangued by the stupidest shit in the world, which is individual stocks.

With a portion of my very large cash position, I purchased TLT for safe keeping. I do believe the yield curve will invert, so TLT should do well.

The only position I have listed is SHAK, a name that will either curse the devil out of me, or glorify my early bullish position on the burger chain of win.

Please note that Jeff Macke will be partaking in the day to day activities in Exodus for the entire month of January, which will include videos, community notes and the blog. It should be fun. Also, iBC’s own, “The Devil”, is now working behind the scenes in Exodus, assisting in business development strategies. I only tell you this because some of you enjoy to know what he’s up to, in regard to the site.

We added a shitload of content and writers in 2015. Finally, I’ve moved away from the me, me, me form of content, in favor of an empirically superior version that widens out the tent, significantly. The results have been nothing less than staggering, with traffic leaps of 50%, over the previous period. Plus, I am 100% happier writing about the day’s events, people behaving badly, than having to tell you about every nuance of my trading life.

This isn’t my last post of the day, so I won’t wish you all a Happy New Year’s yet. However, I do want to thank all of my readers in 2015 for coming to iBankCoin, making it the special place that we all know it is.

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17 comments

  1. helicopter ben

    Thanks Fly, you’re great at what you do!

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  2. vandamme

    Thanks work all your work pal!

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  3. Dr. Fly

    THANKS, FRIENDOS

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  4. nocturne

    “Those are not the bonds you are looking for ….” – Obi Wan

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  5. the dude

    You are the best. I hope you keep doing occasional posts on your trading life. Love that stuff.

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  6. Dr. Fly

    Dude

    I will be fanatical about trading the oversold/overbought, using many different angles. But, as far as individual stock picks are concerned, I doubt I will partake.

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  7. Quality Control Inferno
    Quality Control Inferno

    Thanks Boss. Probably going to take the plunge with Exodus to augment my indice trading strategies. Works perfect for me since I haven’t traded an individual stock in damn near 8 months.

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  8. bhupi

    Thank you kind sir! I enjoy reading you on a daily basis. Since about 2004. Happy New Year!

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  9. UncleBuccs

    Great news in regards to The Devil. Dr. Fly, I genuinely wish you the best in your new endeavor, but am sceptical that you can resist the choice setups that are bound to tempt you in the coming year… “The Fly’s” great power is the ability to change his mind….on a dime…..and profit. I’m expecting your new strategy to include some winning stocks (including PAH) within 3 weeks time. That’s my non-Facedbook 2016 prediction.

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  10. bexpo

    Fly you are always a welcome light at the end of this very dark tunnel this year. Thank You for your clever candor & humor – YOU ARE FUNNNNY & SMART! Don’t ever change.

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  11. berniecornfeld

    I will miss the last post of 2015, so here are my best wishes to you and all of the IBC team. Have the best champedagne tonight and the best year ever for 2016. I am looking forward to riding your coat tails inside Exodus.

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  12. uglyflint

    Come on good sir. We all need to see that pick like IFON once in a while. Just razzing you. Thanks and happy new year !

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