Guaranteed to Win

In how many ways do I need to explain to you this is as good as it gets? The entire world is in the currency war and equity holders are the direct beneficiaries. I’m not even picking stocks at a particularly rapid or efficient rate, yet find myself up more than 10% for the year–just for showing up.

I have the balls to be 95% invested, cutting losses along the way, as well as booking gains. I am trying a bunch of different approaches, all to do with trending stocks. Eventually, I am going to hit my homerun, AND MORE.

90% of the “hard part” is showing up and not doing anything stupid. I am avoiding outlier stocks like the god-damned black plague. I want nothing to do with a stupid stock that can’t go up in the midst of this lunacy. If your portfolio was down today, shoot yourselves in the freakin’ head.

“The Fly” doesn’t have time for your crap. Do you understand me?

I’ve gawked at stocks that were on the bottom of my shoe double in price, for little to no discernible reason. Like I said a few sentences ago, my stock picking prowess hasn’t exactly been of the stellar varietal, partly due to 30% of my assets being tied down in VHC. Nevertheless, it’s a marathon, not a sprint, and I know exactly what the market is going to do from now until April 15th.

Top pick: BX

New highs in the market’s means higher fees for asset managers, more ipo’s, secondaries, and of course earnings per share. I know you might think it’s a little late to buy into the sector, but only if you think the market is topping out. Some people I know have believed the market was going down for 15 years now. Through all of the negativity and depression, these persons have missed the boat, watched others get rich in their stead.

Don’t be that guy, the homosexual at the cocked-tail party who proclaims doom and gloom is upon us. Even if it were true, no one wants to hear it. Successful people are attracted to positivity. It’s too hard to get the short trade right for the average millionaire, whose sole interest is to outperform the S&P. If that’s your stated goal, look no further than the asset managers.

I still own GS from $138-$143. I sold out of WETF because I wanted to move up the ladder in market cap. Being that I had a 15% gain, I thought it was prudent to take profits and reduce risk.

There are several other names worth looking at in the space.

Regional brokerage: SF
National brokerage: GS, PRI, NMR, MS
Asset Managers: KKR, APO, WDR, OAK, PJC, FIG, CG, PFG, BLK, WETF and AB
Life Insurance: MFC, PRU

There is a whole litany of regional and money center banks who are benefiting from the great big US housing recovery. But I am not interested in any of that, from a banking standpoint. I am also not interested in serial underperformers, with hopes that investors will WAKE UP to its intrinsic value. No.

I am only interested in buying names that will outperform the overall market, without all of the fuss of having to endure an outlier. In my estimation, BX, APO, GS, OAK and MFC fit the bill, quite nicely.

The Japanese economic minister all but said the government is manipulating stocks and would like to see the NIKKEI at 13,000 within a few weeks. Why, that’s only a 17% lift from here, in the world’s 3rd largest economy.

He said “It will be important to show our mettle and see the Nikkei reach the 13,000 mark by the end of the fiscal year (March 31).” Following a few lines of cocaine, he continued by saying “We want to continue taking (new) steps to help stock prices rise.”

What the hell is going on here? Have people lost their minds, all at once?

I think it’s fair to say Japanese stocks have a strong bid underneath them. However, I am also afraid that this trade is becoming a bit too vogue at the moment. Let it cool down, then revisit it with the fortitude of a Pope inside of an African church.

The market’s look good this morning, as they have for every morning this year. I assure you tougher sledding awaits us AFTER 4/15. Stock up on your wins now, for when the spring arrives, you’re all gonna die.

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Signed, Sealed & Delivered

I know Joe Terranova might not be the ideal role model in the investment community, but how about his god damned employers, VRTS?

$14 to $160 without a soul talking about it.

We all gallivant (some gallivant more than others) around town, looking for the next AAPL. But while we juggle pinless hand grenades, the asset managers steadily progress higher. In my opinion, this is a no-brainer, low risk trade, in a bull market. You might be a horrendous stock broker; but there are highly successful people in the field of asset management.

Feel free to suck from their tits (female) and ingest their milk (no cow).

As assets increase in value, fees increase. Moreover, as the market advertises itself by making new highs, more money is tossed into the market, further enhancing the fees our beloved money managers procure.

Here are the top 25 performers, over the past 6 months, in the asset management space.

No.	Ticker	6-month Return	Industry
1	VRTS	89.67	Asset Management
2	PJC	88.85	Asset Management
3	AB	74.20	Asset Management
4	APO	73.08	Asset Management
5	EVR	62.61	Asset Management
6	WDR	46.22	Asset Management
7	EV	44.62	Asset Management
8	BLK	39.56	Asset Management
9	BX	38.25	Asset Management
10	LAZ	36.56	Asset Management
11	FIG	36.27	Asset Management
12	OAK	35.95	Asset Management
13	PZN	35.60	Asset Management
14	SEIC	33.25	Asset Management
15	CG	32.72	Asset Management
16	WETF	32.01	Asset Management
17	KKR	30.36	Asset Management
18	FII	30.31	Asset Management
19	JNS	29.52	Asset Management
20	REXI	26.62	Asset Management
21	MN	26.05	Asset Management
22	TCAP	26.01	Asset Management
23	OZM	25.87	Asset Management
24	AMG	25.51	Asset Management
25	BK	24.49	Asset Management

I am long BX until $21.

I started a new position in BX.

Disclaimer: If you buy BX because of this post, your new pirate ship will take on water and sink to the bottom of the ocean. And, you may lose money.

I sold out of both positions.

New buys to follow.

I know the globally warmed winter has spoiled you with balmy weather. But tonight you are going to be reintroduced to a blast from the past, Old Man Winter. He lives in Boston, apparently, and he’s going to bury you alive.

By this time tomorrow, your towns will look like Pompeii. Instead of hot lava pouring down on your towns, incinerating everything in it, the exact opposite will occur.

EVERYBODY IS GOING TO FREEZE TO DEATH BY WAY OF THE ICICLE.

Grocery stores (SWY) will soon sport bare cupboards, thanks to the elimination of the North East highway system (GVA)–shut down, enshrouded by snow. Criminally insane (CXW) people will roam the streets in search of milk (DF), eggs (CALM) and bread (FLO). You will be forced to beat them about the head and chest to keep them out of your home, or perhaps shoot them in their heads (SWHC)– as the fight for survival hits a fevered pitch.

Do yourselves a favour and travel (Pii) to your local WFM or TFM to stockpile up on at least 6 months worth of canned goods (BGS), preferably organic (HAIN). Buy lots of rock salt (CMP) and plenty of shovels (LOW). While you’re at it, buy a few generators (GNRC), along with at least 10 containers (Justrite, privately held) of gasoline (WNR).

Brace yourselves, alongside a black mug filled with the blackest coffee (GMCR)– and some snacks (LNCE). Watch a few comedic films (NFLX) and spend some quality time with your loved ones (CHD, FHCO)– for your days on this earth are quickly drawing to an end (CSV).

Esteemed gentleman from the deep, deep south, Ragin Cajun, would like you to post charts on his new hobby called Chartpin.

The Chartpin, as far as I’m told, is a place where vagrants and gentlemen alike mingle over flaming barrels of garbage to discuss witchcraft. Shortly, this discussion will continue into other venues, such as Apple iPhone and Adroid apps, so that you, the people, can forgo actual reading, learning about companies and such, in exchange for hedonistic-reactionary lifestyles.

When you see a chart that makes geometric sense, mortgage the house and bet on it!

Such genius, such japery of the human intellect, can and will be found– exclusively– in the deepest, most southern, part of the interwebs: Chartpin.

We’re gonna raid the bears’ citadel tomorrow and pillage them, cut their heads off and make soup from their brains. It’s horror show trading for short sellers, no way out of the world’s dumbest companies in existence. They had the ball rolling downhill early, only to have their balls slices off late in the trading day.

I am buying housing related stocks on any dips. I started a new position in RH today, to offset Mrs. Fly’s spending sprees there. Just know and understand, the market is going higher and there is nothing you or your stupid friends can do about it.

Although I shed 0.4% today, “The Fly” is more powerful than ever, working diligently in his laboratory (you call it office), concocting new plans to separate himself from his newly minted neighbors. Spring renovation season nears and “The Fly” intends to have the jackhammers echo throughout the neighborhood, vexing everyone who has ears.

One more thing, I am looking forward to a decline in Japanese stocks. Let the goat-faced sellers denigrate the shares of HMC and SNE. We will snap them up and break their horns off.