I can’t believe the year is going to be 2020. I remember thinking about living in the 2020’s when I was a boy in the 80s. It felt like a lifetime away — and it was. And here we are, embarking on a new decade with lots of new adventures to come. I cannot control lots of things around me, but I am pretty good at controlling my investments and what they reap. All of my darkest hours in my investment life occurred when I risked to much, got too greedy, and tried to win big in a trade. It has taken me a long time to come to grips with the fact that gunning for a grand slam is not only a low probability trade — but also abjectly the moronic one too. Trust me when I tell you, you’ll be happier and richer while focusing on compounding returns over the next 30 years.
That being said, at some point the bull market will end and then you will need your wits about you. We’ll cross that bridge when we get there.
Plans for the evening entail Coque Qu Vain, but with a Turkey. I also made a brown sauce the past two days. The way you make a brown sauce is by first making stock — which I made by boiling the bones of a chicken, some herbs, a little tomato paste and a little white wine. Then yesterday I took a package of chicken wings and browned them with some onions and then ladled in the stock little by little. After it reduced by 90%, I poured it into a jar and kept repeating that process until I got a half jar’s worth of brown sauce. This is now a cooking blog.
With that brown sauce, I am going to punch you in the face with it. Any more questions?
See pal, that’s who I am and you’re nothing.
For the balance of the day, MORE ERRANDS. House Fly must not rest, even while domiciled in the lazy and sloppy south. Also, no BOOZE because I swore it off until summer. I literally bought a bottle of sparkling cider and will pop it like a champagne bottom come midnight.
We’re very ritualistic around New Year’s and I take this renewal period seriously. I am not the best person to offer life advice, especially since I am still managing through my own demons. But I can tell you that being the person you admire, the person you want to be, is a valid and honorable goal. Think of all the qualities in people that you admire and then aspire to be that person. It helps when trying to define yourself, which is an issue that most people grapple with their entire lives.
Thank you for reading through 2019. I have lightened up the blogging efforts the past year in exchange for more banter inside Exodus. During 2020, we will be launching Stocklabs (sign up for BETA trial), so look forward to that and possibly a new design for the main site — something we’ve left alone for about 5 years.
Cheers and be well and please do not drink and drive.
Best rap song of the decade, obviously.
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“An unknown error occured. Please contact us via [email protected] and we will get back to you shortly.”
Try now and this link
https://stocklabs.com/
Same message, friendo
Thanks for the laughs this year Fly. I particularly enjoyed your you’re-to-dumb-to-fish marketing campaign. And nice job staying long and milking the recent rally.
Where did you learn to cook?
Is the trade deal real? Answers on Jan 15 when Trump signs it in the US.
Happy New Year
I trained myself by watching YouTube vids
Happy new year Fly Pepin
I truly love your writing. Thank you for keeping the posts coming.
Hi inner wall st CB circle
3265.
I just named a number
you cant get the S&P
to hit. Can’t even touch.
have a good day
ummm, it’ll hit that 2nd week in January. you bears are boring.
If you’re:
10% to 100% cash
in Bonds
in Short position
Waiting for a crash
You are officially insane .
Fly, you mean Coq au Vin, right. Happy new year.
Yeah, I just figured that he was either hitting the vin ..or he didn’t want someone to note that he likes coq.
Yawn. Let me know when you start a managed ETF that uses Exodus.