I know a homeless guy with an IQ of 180. Despite being able to do advanced calculus in his head, he forages for food in garbage canisters and sewer pipes. Conversely, a friend of mine operates a $200 million per year business and has an IQ equal to a small gorilla. He is most definitely addled with ADD and is afflicted with severe paranoia. Nonetheless, he eats beluga caviar from a gold spoon. He is still an idiot.
Throughout 2009, people without market savvy made fortunes, getting long names, without thinking about the downside. The bravest money is always the newest. There is a reason why Wall Street employs young people, while kicking old fuckers into empty elevator shafts. For the most part, young people are not scorned— damaged by prior bear markets or really bad trades. If you are old and lost money in 2009, do not feel bad. You were supposed to lose money, because God hates old people, which is why he kills them with great regularity.
Going into 2010, “The Fly” would like to acknowledge a few people, who helped me destroy enemies and foes, throughout 2009.
I would like to thank my iBC blogger family, including Jakegint, Danny, HOLLY-Wood, Gio, RC, Chart Addict, Henry Fool and Jeremy aka “Vincenzo the olive oil lover.” Additionally, some of you Peanuts have contributed to this site, on a very high level. I offer praise to Green Writer, Mrkcbill, Mr. Caine Thaler, Dubz, Dpeezy, Mushroomz, Dr. ‘Cane and Cuervos. If your name was not mentioned it is because you are on the “Enemies of the State” list. In other words, you should fear for your life.
My expectations for 2010 are modest. I do not expect to duplicate this year’s success. To hell in a fucking hand basket, 2009 was a gift from God. Do not expect God to gift twice, for he is more likely to murder you via cardiac arrest or egregious cancerous tumor.
Outside of iBC, the good folks from Stocktwits kicked ass, by way of taking an idea and turning it into a viable business. Despite Howard trying to kick me in the nuts, throughout 2009, I wish him well in 2010, as well as Dr. Phil and “Soren the Seasoned Salad Savior” (sorry had to say it, 1,000 apologies your way).
I am sure there are other people worth mentioning; however, at the moment, I don’t feel like thinking. So, without further delay, I am leaving this computer in favor of something more exciting, more exotic. I might go drink some bourbon out of a fucking pineapple, with a side order or guava, or something awkward like that.
Developing…
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Begin the New Years Celebrations at once!
I’m a dumbfuck who somehow made 40% this year. If I hadn’t sold Goldman in a panic at $70, it would be much more.
Same here. Up more than 45% on the year and I didn’t get started until mid-May. Selling DAN at 5 bucks after loading up at 1.20 was my main regret. How often can you call a 360% gain a regret? Just a testimony to what an unbelievable run this year provided.
Although I agree with your stereotyping, as an old broad and a fan, I would like to share this with you. I started the year bearish, as I followed the advice of a friend as old as I am. I was kicked down the elevator shaft post haste until I started to listen to the bullish advice of my boyfriend, who is even older than I am (he is 62, disgusting, eh?). Slowly the long light dawned, I looked around the internet and found the Fly, who I am so fond of now. Thank you for great advice, you helped me make back 40% of my losses so far (perhaps even more if I hadn’t been FTK’d over!). I would use the PPT, but I have a very small amount that I play with and think I would be overwhelmed by all the options and strategies offered. Any way, thanks from an old broad!
Don’t worry, I’ll “Grandmother” you in.
Thanks! Love your style in money and wit!
ROFL at your post justme. While I’m a broad, too, I’m not old, but I do have an old soul, so I totally relate.
This is how I use the PPT, because it’s all about using it how it works for you, right?
I use it on a month by month basis. A great feature is that it is very easy to sign up for a month and then cancel, so you don’t get the next month automatically, and the charge.
I get screwed up in the PPT when I pay too much attention to what others are doing. I don’t have good discipline, so I am easily swayed and quickly lose track of my own plan and goals.
I also am busier some months than others, and know in advance that some months I can’t be on the PPT, so I don’t subscribe for that month.
And then sometimes, when I have a lot of my account in cash and am out of fresh ideas of my own, I can get on the PPT and get awesome ideas on a “when needed” basis.
That’s what I love about the PPT. It’s easy on and off, and each month is entirely optional. It’s a little more expensive to do it this way, but still a bargain when it suits your needs.
Can I get Grandmother’d in, too?
As my final kind act of 2009, I hereby pardon you for being older than 47.5. Be well and do no wrong.
You’ve sold me Chanci. I will try this very soon. And thanks again Fly, I guess you just never know who’s out there following you. Hope you never “bore of internet blogging” as you become a star…
and Diddy considers himself part of the new “Rat Pack” along with Aston Kutcher. Yes, it has been a year for douchebags. Much appreciated Fly and company for sticking their necks out and giving good trade advice while entertaining us at the same time. Frankly, there are too many tin foil hat financial blogs out there.
Happy New Year everyone.
“New York police evacuating building in probe of suspicious van in Times Square; CNBC reports it’s NASDAQ headquarters” – breaking news, developing…
Thanks for the shout out. It’s been a good year, to be sure.
Cain, you were an excellent contributor to the site this year. Many thanks to the thought provoking articles you crafted. I’d say you are the second best writer behind The Fly on iBC. The chess article and oil formula posts stimulated parts of my brain that haven’t been used in quite some time. Thanks.
Hear, hear!
Thanks, I’m certainly humbled, although I would reserve accepting those honors in light of the exceptional talent present on this site.
lol. For an IQ of 180, searching for food in sewer pipes is pretty fucking retarded, no offense to rats, of course. Perhaps you could coax that friend into trying urinal cakes?
How about thanks to Dennis Kneale for saying, on air, a comment left on iBC that he fondles cats and that “The Fly” calls all of CNBC a channel for asshats, in so many words.
For someone as distinguished as Monsieur Fly I would expect him to use the word “penultimate” instead of “next-to-last”, which is how the commoners speak.
thx dude. second paragraph is genius. i love u in a non spooning manner.
i would comment more, but keep getting the spam protection answer wrong. please make wquestions easier.
Happy New Year to you and yours too, man. Thanks for everything.
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