In a former life I was a snoop.  As in working for a federal agency (unnamed here, but not the CIA) where part of my job was finding out about people.  The advent of the internet (yes, I am old) just made this easier, especially if one has access to “special” databases (cough, cough).  To the point.  The real name of Le Fly (he who shall not be named here) can easily be found by any quick search on any one of a dozen internet search engines.  Perhaps more remarkable is the fact that the Fly’s true name has been posted right on the iBankCoin Home page under “About iBankCoin” since at least June 25, 2009.

So much for anonymity.

A little silly anyway.  I always felt that a person could call themselves whatever they wanted to.  After all I don’t think Michael Savage’s talk show “Savage Nation”  would play as well using his real name, Mike Weiner.

So raise a cup of properly brewed tea and give a  toast to Le Fly in all his many incarnations.  Enjoy this site while we have it, because nothing good lasts forever.

This is the first of what may end up being a not so steady stream of random thoughts about life and/or investing.  I have enjoyed Le Fly’s commentary for the past few years (Thank you for WNR) and sincerely hope my drivel does not lead to blog castration and banishment.  However, let the chips fall where they may.

I am not by trade professional trader, investor, picker, or anything else related to the stock market type of person.  However, in a moment of insanity fueled by delusions of grandeur I did set up an LLC several years ago to trade in iron condors.  My first lesson in reality was to lose about 30% of the company’s capital in the first month of operation due to a combination of personal stupidity and market insanity.  The flash crash of May 6, 2010 (may the date live in infamy forever) finally convinced me that I was never going to be able to beat Goldman Sachs or the other market manipulators, so I folded JALCOVT LLC with only a whimper, not a bang.  Since then I have hung around the fringes of the market trying to make a buck here and a buck there with no real commitment to winning.  So of course I have done all right as a result.  My investing strategy is simple.  Pick winners and get out before everyone else does.  (That was meant as a joke (ha ha))

So anyway, that will be it for this post and there may never be another.  We will see.

JALCOVT