iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,692 Blog Posts

EAT THE RICH — BE THE RICH

Most of the protesters in the streets today, ridiculously, imitate art seen in movies, and sadly, a few have gotten shot in the head dead as a result. Very few of these people give two shits about social justice and are only there for the show — the never-ending soap opera to keep themselves busy during an otherwise moribund time. This is their Normandy. While misplaced and entirely delusional, one common theme amongst most agitators is their desire to “eat the rich” whilst at the same time participating in wanton consumerism, aspiring to be rich themselves.

You’ve got to be honest with yourselves, are you mad at Jeff Bezos because he’s accomplished what you never could — or is there something nebulous about Amazon? Are you, per chance, a hero for the local retail store, whilst at the same time burning it down? Do you, per chance, deeply care about black lives whilst at the same time willingly ignore black on black murders?

The hypocrisy is rich with narrative and while I do not believe a fucking cop should ever shoot an unarmed man, period — I don’t ever advocate for hate against anyone — especially when painting with a broad brush. Not all black men are criminals and not all white men like the NHL. When you demonize people — you justify their downfall — and permit evil to exist.

Believe in nuance. People can be both good and bad at the same time. Your buddy might be an absolute prick — but he might also have a soft spot for animals, or elderly people or people in need. I’ve known many people like that and I harbor prejudices like all normal humans with a conscience of his surroundings. I am, at the end of the day, bullish on humanity. The only issue for me, honestly, is if I want to spend my time in a country so wrought with civil discord? I do not sense what you’re seeing in the streets will dissipate any time soon and is more likely to explode with rage in the coming months.

As for markets, it’s an absolute clown show — disconnected from any semblance of reality. The trends are now shifting rapidly, making it hard to keep up, and the angst of trading at the top end of the range after such a large melt up is palpable. As such, I’ve sold most of my positions and have north of 65% in cash.

This could change rapidly, naturally, as I am trading all day long, every day, inside Exodus. Eventually, like always, I will find a seam and catch it early and boast about my oversized cock and ego.

Until then, ciao.

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9 comments

  1. heckler

    Fly up in here care trolling much? Aww Fly is so cute! ?

    I remember when my friends and I would never go to Walmart- too big. But no millennials ever talk shit about Amazon bc it’s tech so like that’s fine and fucking dandy.

    We are all radicalized now, in one way or another. The kid was a good shot, too good of a shot. And living brains with two homicides under your belt means 18-life YIKES

    Fuck the market the crypto casino serves me quite well these days. All of the glory non of the wall street FAGS.

    2020 is my favorite year as an adult

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  2. bambam

    Ciao – the most annoying form of goodbye

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  3. soupbone

    Why worry about what you can’t fix? If you really want to get away there is still time.

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  4. flea

    Nice piece, friend.

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  5. ha

    “I do not sense what you’re seeing in the streets will dissipate any time soon and is more likely to explode with rage in the coming months. ”

    Could take 10-20 years for this stuff to cycle thru.

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