You can’t put a price tag on human rights — but that’s exactly what I want to do. FUCK OFF — this is a stock trading blog. Take your riots and have fun with them. I endeavor, all of us endeavor, to profit from that brick left on the side of the road into and out from the window.
The LA riots cost an estimated $1.2b. That was mostly isolated in one city. This fucking riot is contagious — displaying its angry face in all major cities in America — more or less upwards of 400. Taking into account these fucking looters stole and broke and burned just about everything in their path, I am obliged to presume damages are in the $500b range.
You have to estimate inventory loss, materials, labor, and all of the downtime. Business will never be able to open, as long as there are rallies every day — for fear of that little communist group lighting it on fire in the name of ANTIFA.
As markets rage towards new highs and we watch the country literally burn, I am reminded that this behavioral study we’re partaking is tricky — always throwing curveballs — changing the rules of the game as we go. In trading, at least from my vantage point, the only rule is there are no rules — believe nothing and assume everything.
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