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
23,460 Blog Posts

Reminder: Politics Should Never Affect Your Investments

My right wing friends often complain to me about TWTR, FB, AMZN and GOOGL, sometimes even NFLX, over free speech abuses or content that is objectionable. While many of those claims might be valid, I want to remind you that your job is to make money first, everything else comes after that.

Case in point. FB is hated by nearly everyone I know, yet how do you explain the numbers they’re spitting out on a quarterly basis?

These are exactly the type of revenue and earnings graphs that you want in your portfolio. Free free to take the gains from these stocks to help fund your animalistic desires to destroy them.

I’m not a believer in boycotts or basing my consumption of goods and services based upon some moral code. I like to think of myself as an ethical person with high moral standards. However, I also like to enjoy life and avoid unnecessary tumult. Injecting politics into your investments is a cardinal sin. If you’re letting juvenile bias cloud your judgement, perhaps you should let someone else run your money for you — permitting one of those evil money changers grow your money, helping to finance your political aspirations.

Stupid fucking shitheads.

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

18 comments

  1. juice

    I’m sure your right-winged friends have no problems with the likes of RTN NOC LMT BA GD and all the other stocked beneficiaries of the military industrial security complex raping the taxed-payer and bombing innocents the world over

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

    Each individual should have their own moral code and principles to follow. Each trade has a counter trade and strategy. One does not need to join and line-up behind money changers’ trades to benefit from something that is fundamentally wrong – live by the sword, die by the sword.

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

    100 this is what I was trying to espouse in the Pelican Room, but my approach was to be a bit more polite haha.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. edge

    Any kind of attitude is dangerous, especially ones that keep a person from recognizing a bullish market.
    Silly bears. I predict roasted bears for lunch tomorrow.

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

      Nasdaq composite leading the way, ahead of what could be the most important earnings of the year after the close. Fear is evaporating, and the flagships are locked and loaded.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  5. cancel19

    Bitconnect!!!

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  6. buckpasser

    i will just quote Lenin

    “The Capitalists will sell us the rope with which we will hang them.”

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

      Hey, that’s catchy. Whatever happened to all those communists? You can’t even find em in Russia anymore.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  7. ferd

    “I’m not a believer in boycotts or basing my consumption of goods and services based upon some moral code. I like to think of myself as an ethical person with high moral standards. However, I also like to enjoy life..”

    An irrational rationalization.

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

      There are very few people (< 0.1%) that can commit immoral acts without justifying in some manner. There are many (30-60%) that can justify acts that they would consider immoral if somone else was doing it…

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  8. coner

    Fly
    So these right wing friends avoid companies because of politics? Interesting. Do you have any left wing friends who avoid certain companies? Everyone you know hates Facebook? It’s funny because I have flipped some Facebook shares a couple times, Twitter several times but don’t understand why both of the Undershirt Boys Jack & Mark fail to see that their own politics is not good business. Some would say it is. You said their companies are great for getting a return. And I agree but why would you care what your friends think, you obviously don’t care what Jack or Mark thinks. Do you think you’re some sort of genius because you’re able separate politics from companies? So you left wall street after 18 years? It sounds like you brought some of it with you

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