It was a frustrating day for civilians out there. But let it be noted here in these halls — professionals prospered. I am not referring to hedge fund faggots or advisoooors who rip people off for a living. I am referring to bloggers like me — folks with time machines and who have highly calibrated data platforms — like Stocklabs — under their tutelage.
It also should be noted that markets look SCARY. Ooh — be careful out there. We have a grim scenario playing out and all are in danger. Danger is, as some people suggest, ahead.
I managed to trade well around a 100% long portfolio to achieve a return of +2.4%. My gains have been so prolific, even Mrs. Fly has begun to take note. She’s even tried to convince me to “open a YouTube” and teach layman’s — such as herself — how to invest. Presently, she learns about investing via Tik Tok.
Regrettably, I had to inform her that I had no desire to teach anyone, including herself, how to do anything at all. As a matter of fact, I much prefer to trick people.
That being said, markets are mired in panic over the banks and soon we might fixate on OFFICE REITS — because no one is going back to work — not now not ever.
I have begun to think about life after stocks and what I might do for a career after the market ceases to exist. Maybe I’ll get into the propaganda business or become a rancher — maybe both!
I closed hedged at around 24% via inverses on top of a 100% quant driven long book. Very simple, very clean.Twitter