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
23,533 Blog Posts

HEY! Maybe the REITs Can Really Crash Next!

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.

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6 comments

  1. john galt

    Don’t let that fly rancher slip away, you’re on to something

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  2. it is showtime

    I, think, the non bailout bailouts, allowed them to add their final .25 on skull and bones day 322.

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  3. richardweiner

    I seen on TV that if you encounter a black bear you shouldn’t look them the eye because they will assume you are a threat and attack you.

    Seems like good advice if encounter black people as well

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  4. tha pirate

    Isn’t ‘China-Jim Brandon’ supposed to be a fiduch-bagery for the USA? Reckless spending, endless cash for Ukraine and simply giving away billions in Afghanistan as we abandon everything that is good and right. It’s a shit show folks, and I’m not sure if we can survive until the next election cycle in 2024 (when the Democrat-Islamist-Socialist party will undoubtedly come up with NEW tricks to try and hang on to power).

    YES we ARE screwed.

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  5. reversion

    I’m pretty sure you already dabble in propaganda via your twitter feed.

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  6. reversion

    I’m pretty sure you already dabble in propaganda via your twitter feed.

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