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
22,427 Blog Posts


The single best week for stocks is next week, historically.

If you’re into tipping the scales in your favor when gambling, this is where you lever long. That’s exactly what I did, as I righted my ship the past two days — presently long at 125% into the oven to eat turkey. I don’t give a flying fuck if I’m wrong about the Turkey Gods. Given the odds, it’d pain me more to miss out on a sure fire win than to fall victim to a Black Swan event, whereby under such conditions, I’d have plenty of like minded longs to commiserate with.

Here is the bottom line:

I am long stocks with a beta LESS THAN 1 — because when I go swimming I like to swim with the fucking small fish and not the sharks who can bite my dick off.

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