iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Enjoying The Lazy Man’s Lifestyle

Have you watched Olympians swim the 200 meter butterfly yet?

They hardly finish the last few strokes.  You are seeing the absolute threshold of physical energy exertion.

Meanwhile your good pal Raul is eating a pile of cheesed burgers, enjoying the fruits of Exodus and the intellect of a Space Alien Magician.

Would you rather be some idiot swimming for his wage or collecting a stock market stipend while you enjoy the fat man lifestyle you’re destined to live?

Below are the returns of my GARP exposure, managed using MOTIF:

MOTIF-to-odate

Funds were allocated near the end of last August and the holdings are adjusted semi-annually by Le Fly himself.

Last year I came to a crossroads.  I no longer had time to babysit stocks, so I outsourced the process.  6-month holdings jive well with me because there are very few companies I trust long term.

The list of companies I trust is quite short – Tesla, AT&T, Goldman Sachs…

and Twitter ::ducks under rotten tomato::

GARP, or Growth at A Reasonable Price, allows me to still have exposure to individual stocks and their explosive potential.

Case in point: the adjustment last June put us into Yelp!  The stock was already up over 25% headed into earnings.  After hours they crushed.  The move is likely to propel the GARP index well beyond the S&P 500.

And there are bigger winners then Yelp.  Way bigger.

So while I am doing very little, my work is smart–outsourced to a market practitioner 15-years my superior who built a god damned time machine named Exodus.

I’ve more-or-less decommissioned since mid July.  Reporting here and there, taking a few tactical positions, scalping my NASDAQ price levels when I feel like it, and overall being a traveling vagrant of sorts.

You too can live the lazy man’s lifestyle if you wrangle in that ego of yours.

I intend to make my GARP perform even better going forward by funneling more capital into it, but not blindly like an W-2 ape.  Instead I will add funds when Exodus flags oversold.

If you are wondering yes, this is one of best ways to exploit both The Fly and his software for your own intermediate-term benefit.

Now I must return to oiling my beard and watching Olympic sports.

 

 

 

 

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2 comments

  1. LEE

    that was my event….it hurts…

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    • Ottnott

      It only hurts if you try to raise your arms or face out of the water.

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