Establish Accounts to Release Your Inhibitions

If you’re a strong trader you will find your trading accounts will almost always outperform your longer term accounts on a long enough time frame. Vice versa, if you’re a poor trader. For anyone delving into the world of personal finance, I strongly advise that you keep separate accounts for long term ideas, experimental practices, and trading. This way your focus is clear and the mandate for those accounts never get muddled. I cannot tell you how many times, when I was younger, that I violated the ethos of my accounts — thinking of XYZ as “long term” only to later on be lured into another stock and missing out on the long term success of XYZ.

Set static rules for your accounts and stick to it. If your thought process for $BTC is capital gains — you’re looking at it wrong. Bitcoin is a current hedge. Each day of work you make dollars and those dollars, hopefully, increase your net worth. If preparing for a Mad Max world where the dollar will one day be worth less — it would BEHOOVE you to not maintain a percentage of your liquid assets in what you deem to be a currency hedge. Ergo, maintaining a 5 or 10 or 15% allocation into $BTC should be a life long journey and process.

Same could be said about conviction long ideas. Perhaps $VKTX is too volatile for short term trading accounts. But what if you believed their obesity drug was life changing. Drop it in your long term account at 5% of assets and should it get mired in a sell off and cut in half — determine to bring the percentage back up to 5% with an average down.

To be content when trading is hard. Today I only made 12bps because I didn’t see the market well. However, my quant made +130bps and my longer term strategic account +90bps. Emotionally, the success of those accounts made me feeeeel better and I understand that, in regards to my trading, it’s only a matter of time before I see the seems on the ball spinning and will crush it out of the ballpark.

Rest assured, the recent surge in $BTC is just the tip of the iceberg, a teaser if you will. The initial shakeout was classic, followed by, but not limited to, texts from distant cousins asking about $SHIB and the specter of it going “to the moon.” In the larger scheme of things, the volume memory of $BTC and other major cryptos have all but vanished and all there is from here is air. It might sound befuddling to novices, such as yourselves — but $BTC is, in fact, just getting started.

Peering into the future across a war torn ruined landscape, Bitcoin at $1,000,000 per coin and dollars worthless except for the tinder they provide as fuel to start BBQ’s — you will rue the day I made fun of you for not owning it — instead relegated to an ignominious death amidst caitiffs and swindlers.

I tell you this now, not to make you feel bad or to boast about my success — but with a charitable Christian heart to help those living in the dark, cavernous dwellings replete with porn, GMOs, and bad coffee.

Free yourselves from the shackles of the Federal Reserve and cease cuckholding yourselves to evil. BEHOLD the global movement out of fiat currencies into Bitcoin — envelope yourselves as a maximalist and work hard and be industrious with a goal to destroy your enemies.

Listen to me —

You could invent immortality and live for the next thousand years, toiling in the market and truly perfecting your craft — endless hours by the Bloomberg terminal in a never ending quest to perfect the art of money management — and you’ll never be as good as me.

Babe Ruth wasn’t taught how to hit homeruns — he always had it in him from birth. Whilst some of you are excellent line cooks and street cleaners, I excel at money management.

This afternoon I issued an alert to sell Bitcoin, and I quote.

The Fly Today at 9:59 AM “I sold ($BITX) because we are right near it (record high). I bet many a retard intends to sell at 70k”

Throughout the balance of today’s session, I ebbed and flowed and then peered into the future and envisioned a rally towards the close. I cobbled together $700,000 and applied it long and closed the session +37bps in what can only be described as a ruinous session for many a bull. Looking once again into the future, removing the curtain between time and space, I see further gains and have positioned myself 70% long and 30% cash — with a portfolio beta of about 1.1x.

It would BEHOOVE you to believe we are about to be racked with losses when $SMCI and $NVDA refuse to budge. There is a great rally happening now and it has been happening since November. The idea of a full collapse, although intriguing and filled with promise, is pre-mature.

Good day.

Full disclosure: I’m long $BTC from $26,000s, $SOL from $60s and have no intention of selling. However in my longer term and trading accounts I owned some 2x $BTC $BITX and I just sold them for handsome profits due to the possibility of some selling pressure once Bitcoin crests above record highs.

I’ve actually went to 100% cash in my trading, which isn’t unusual with a gain of +52bps. I’ll likely do nothing for a few hours in order to trade less and not churn myself without purpose. I don’t like the tape, sans cryptos. I’ll wait for a better set up.

There are those amongst you (please step forward) who will say $NVDA, $ARM, $SMCI, $SHIB are ‘just getting started’ and will attempt to cajole others to ‘board the train before it leaves.’ The fact of the matter is, we are in the 8th inning, if not later, of this run. We have cracks already in the Magnificent 7, with shares of $GOOGL and $AAPL leading weakness to the downside.

Nevertheless, I cannot outright sell short without upside hedges — because during market manias logic is suspended and momentum is all that matters. I am 12% weighted $BITX, positioning for another GIGASPIKE through record highs tonight. And I am hedged via $SOXS and $LABD — because fuck the semiconductors and fuck science.

I gained +72bps today and closed at all time recourd highs. I have been at recourd highs for many months now, rarely going a few days without a surge. For those who believe me to be locked in only due to an accommodative market, I entreat you to read the archives and learn that I’ve been locked in since birth.

At some point investors will come to learn the Fed isn’t cutting rates and markets will price it in. I want you to understand my mental state that is juxtaposed against the physical. I lean long and have made money long and will lean long 90% of the time, only because that’s where the prevailing winds are blowing. My feelings can never get in the way of my actions, and so I allocate into a burning building hoping to escape the flames and retard the fires long enough to tell a tale about it.

How many of you are poised to become $BONK billionaires? Are you back and involed in $SHIBU? When was the last time you bought some $UNI?

We are in the laughing gas phase of the SHITCOIN rally — all propelled higher by the principle coins $ETH and $BTC.

A maximum amount of wealth has been made in $BTC and that money is now being diversified for fun, shits, and giggles into various alt coins. Here are some winners in the past two weeks.

Even $DOGE is +77% the past week.

Cryptos have entered into rarified air again, a seemless vaccum of expansion predicated upon feelings and liquidity. The market is supporting this risk on adventure and although I’d love nothing more than to see it all collapse — I am rather enjoying the over abundance and decadence in the sector — reminiscient of better times when things were good and they were going to stay that way.

Have you ever had BIG DICKED gains in the pre-market and early open only to quickly see them dissipate and collapse and cause you to want them all back, which in turn causes you to make mistakes? Well, I presided over the open of trade +150bps due to a 12% position in $BITX, racing off the back of $BTC surging higher. I was feeling grande and felt, if I am being honest, nothing could stop me.

The only problem with that were the other 12 or so positions that tanked at the open, causing me to chase them down the drain — selling them almost in a frenzy — seeing my gains really cave in and now stand at just +18bps with only $LABD in my account.

Typically what happens on days like this is I get really mad and over-trade into a maelstrom — mounting losses of the largess varietal. However, I don’t give a fuck about getting back the 100bps+ of gains that pretended to be mine at the open. They were never mine to begin with and if I go about my day attempting to retrieve them, I will almost assuredly do injury to myself.

After the market collapses a little here, I will close out my $LABD position and fuck off for a few hours — return later on with a clear mind and a stable market — willing and able to incrementally increase my returns.

I think it’s fair to say many of us wonder or worry about the direction of the country, mostly for our children and grandchildren. We read about history and tend to compare the present to the past in an effort to draw similarities, mostly to feel like we’re living during important times. I think it’s also fair to say these times we’re enduring are different from previous eras, as a great demographic shift occurs behind the vanguard of marxist lunatics.

Some of you who haven’t achieved personal success and feel embittered by the way the cards were stacked for you and might lean towards socialism as a cudgel to punish the corrupt elite. But you’d only be punishing yourselves, by extension. There is no comparison to a free and capitalistic society vs a communist. We’ve achieved more than any nation in the world with this form of finance, which has been perverted in recent years to backstop and catch all of the falling knives to prevent losses at the top.

You can have capitalism and also price controls, especially on items needed for human survival — such as drugs, insurance, and education. How that manifests itself in an economy wholly reliant on keeping the Ponzi scheme going is impossible at once, but perhaps can be achieved slowly over time.

This website is chiefly meant to offer passive investment ideas and notions, also part diary for my missives — but I do not care to commingle my somewhat impassioned political ideas which I share on X here. Reason being: some people just don’t want to hear about it and only have an interest in controlling things within their grasp, which is understandable and also logical.

Many of the older people reading this will already know some of the things I am about to impart — but I’ll say it anyway because I am hoping it’ll hit across the bows of some younger punks who think they know it all.

Some investment maxims.

Position sizes should be thought of like driving a car. When you’re driving 35mph — you can easily control the vehicle and avoid errors or obstacles. However, when speeding 100mph, any small error can be fatal.

You should not have position sizes above 5% of your entire portfolio.

You should not be lured into wild eyed gambits in the hopes of using money to lavish yourselves with expensive items, which is really you trying to attract women. If you’re living your lives for material items, you’re living a vacuous life and will never be happy.

You should not hold stocks down more than 10%. You failed at buying at the right price and do not deserve to own it any longer.

You should not have more than 25% of your portfolio in one sector. There are 8 principle sectors: tech, services, consumer goods, industrials, basic materials, financials, healthcare, and utilities. Understand how you are structured you dumb son of a bitch.

You should not laden your portfolios with small capped stocks or companies that lose money. Think of your portfolios to function if you’re dead. If you cannot envision yourself long a stock 10 years from now — you should not own it now. This of course does not apply to day trading.

You should not have a portfolio with a beta greater than 1.5x. If you do not know what that means, find out. Once you find out, follow my advice.

What is the stated goal here? Financial security. How do we best ensure this? By making more than we spend and by investing our money with the goal of COMPOUNDING RETURNS. What does this mean? I will show you.

If you’re reading and are 27 years of age — let’s see how much you can save over the next 20 years, providing the world doesn’t blow up.

My assumption is you can start off at $10,000 and contribute $1,000 per mo, every month, for the next 20 years. Assuming you can do that and also return 15% per annum, which I feel is more than achievable, your $10,000 will be worth more than $1.3m when you’re my age — providing you with a cushion as you ebb into the retirement years.

I do not mean to dissuade you from making big dicked gains in other investments, getting rich young and enjoying your lives as kings. But I’ve seen way more young men blow the fuck up in a bad way than in a good way and they lose focus of what investing is all about: surviving the economic zone which is cold and dreary, where no one cares about you but your friends, family, and neighbors.

I had to do it, fully long and with a little leverage into what I expect to be an explosive Monday. I am nearly certain Bitcoin will crash higher and into record highs by Sunday and all of the cool stocks that gapped up today will follow in suit.

I ended the session +90bps, hardened by decades of professional money management to withstand all fires and manage through all eventualities.

I will tell you this, my bias is for oil stocks to start gapping higher soon and all of the shit I am saddled with today might be sold post haste come Monday. On a longer term basis, however, I am very bullish on some of my favorites — like $HOOD, $RUM, $ILMN, $UBER and $CDNS, just to name a few.

I wish you all happy tidings and well wishes. If you lost money this week and find yourselves bedraggled and mired with inextricably losses, find solace in knowing there’s someone out there like me with champion styled wins — PINNED to recourd highs.

I pulled myself out of an early hole and have moderate gains and the usual stocks are climbing with one notable exception: oils are leading.

This is especially notable because they’re undervalued and haven’t moved in two years.

And, this is peak time to own them seasonally.

This trade has been a widow maker so I’m not sold on it yet. But I like the idea and am biased towards it.