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
21,399 Blog Posts

Long China; Short America

One cannot count out America yet, since the global brain drain is still very much intact — whereby America receives the brightest from around the world in exchange for their offsprings and production. This has been the eugenic aimed goals of the United Steaks since the 1800s, greatly diluted however by the Immigration Act of 1965. Nevertheless, I think if you’d glance at American achievements in comparison to Euro-retards you’d find us to be far superior.

At some point along this trajectory, America will have absorbed so many idiots into its tits, the country will collapse. But we are hundreds of years from that and it should comfort you to know China is still, more or less, a gravely incompetent country.

Nevertheless, as it pertains to now, China is cheap and America is expensive. I closed the session +81bps with a double sized position hedge against the Nasdaq. My longs are concentrated in larger capped names with an emphasis on China. I am not long oils or crypto miners due to the extended nature of those runs.

I bet on sure things, old sport. Fuck off.

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4 comments

  1. Mr. Cain Thaler

    Clever arbitrage. If the rally improves from here, Chinese garbage will be the primary beneficiary but if it’s the top then American stocks have furthest to fall.

    Well played.

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  2. edge

    BABA is at the sweet spot of the global recovery.

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  3. the_wolf

    Fuck China

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  4. purdy

    “hundreds of years” Respectfully …perhaps your dumbest post ever.

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