End of year chicanery is in full effect, classic Ackman. Yesterday his VRX ran like a freed prisoner. Today, PAH is lighting fire to the faces of shorts.
This is actually my largest position, so a move of this magnitude helps Le Fly greatly. For the year, I am up nearly 18%. But I feel as if I’ve traded 200 years worth of markets to earn it.
All in all, a great year for me, despite doing nothing for the past 6 months. This end of year push is exaclty what I need to get the adrenaline pumping again.
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One day I’ll sit back and tell my grand children stories about my best friend QE and how the witch with the silver bowl-cut destroyed him.
“children” I’ll say.
“there use to be a time long ago when you could buy any shitty company you wanted with guarantee that a superman style bounce-back will bank you coin no matter what. BTFD I use to call it…”
“run like a freed prisoner” is right.
I picked up an acquaintance who served a weekend at County Jail.
I’m sitting in my parked car facing away from the facility entrance. I hear a noise and trampling. Looking up, in my rear view mirror is a massive hoard of disheveled unsavory characters running towards me at top speed. They had fire in their eyes! I was alarmed and reached for the car ignition.
Then I realized they were happy and shouting with joy! It was release time.
They ran past me onward to their next adventure.
I had my acquaintance explain how over the weekend, he managed to avoid getting his face smashed in, considering what a know-it-all rude smart-ass he can be,
You truly are good at this.