No worries, The Blogfather has arrived and he has a bowl of meatballs to throw at you. Do not concern yourself with the art of investing, as it pertains to me. I work in mysterious ways. I throw banana peels in your path.
Much to my chagrin, I have a carton full of Chinese stocks, while the market depreciates under the albatross of stupid. In a broken market, such as this one, there is no escaping capital losses. One might be clever enough to out fox the lowly subhumans for a period of time. However, eventually, losses shall and will be had.
I have a choice to make, which is not an easy one. Either I “stick with my longs,” sort of just ride them out like a carnival geek. Or, I cut them out like a cancerous tumor and restart.
At least temporarily, I misjudged the zeal of the sell off, due to outlier events. Typically, the bull/bear cycles run in short time spans. What we are enduring now is somewhat unprecedented and bewildering to witness.
There is a lot of ironic shit going on right now, at least from my point of view. When I started the business, the Dow broke 7,000 to the upside. Lo and behold, here I am, more than a decade later, and the market is getting ready to break 7,000 on the downside.
How quaint.
Thus far, I have refrained from making any moves.
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