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
23,474 Blog Posts

Here is Today’s Bubble Basket v Old Man Portfolio Spread

I have several portfolios in Exodus to track risk. The Bubble Basket is the riskiest shit on the face of the earth, whole index members deserve death. It’s down 1.95% today.

The Old Man portfolio was constructed as a counter-balance to the Bubble Basket, built around the same time. It is higher by 0.18% today.

Year to date, the BB is off by 14%, while the OM is higher by 10%.

What does it all mean, cocksuckers?

It means that if you weren’t speed chopping carrots with your balls on the table, long commodity stocks, you lost money play momo in 2016. The money has gone, consistently, into the yield camp.

Work hard. Invest your money. Double it every 5 years or so. Repeat.

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4 comments

  1. btn

    “Double it every 5 years or so.”

    Sounds good, Where can I earn 15% annually?

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    • alty

      Savings from your primary income source that you’re working hard at, like he said.

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  2. The Maven

    “What does it all mean, cocksuckers?

    It means that if you weren’t speed chopping carrots with your balls on the table, long commodity stocks, you lost money play momo in 2016. The money has gone, consistently, into the yield camp.”

    I am reminded of an old Enzo Ferrari quote: “The customer is not always right”.

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