After I sold my pastiche of inverse ETFs, I thought I’d stay in cash like a good boy, well disciplined — very Austrian like. That lasted all but 15 mins, and then I got FOMO, and then I razored myself right back into the cut, allocating ~50% of my assets into nonsense.
The net result was a gigantic circle jerk. I made back all of my losses from the inverses — but now own a bunch of nonsense into tomorrow’s guillotine. Bog standard, I’d gather my luck is running short — up 300% for the year — shitting on your local fund manager. The stock Gods prefer to lure winners back into the fold, make them feel comfy, just prior to slicing off their cocks and their heads.
I used to crave adversity because I thought it made me stronger, leaner, grittier. Now I just want peace and equanimity and endless wins on top of wins on top of wins.If you enjoy the content at iBankCoin, please follow us on Twitter