I just wanted to say that to you, my readers, in parting.
I’ll have you know, I just sold out of my gold positions—including Yamana Gold Inc. (USA) [[AUY]] and [[DGP]] . They’re rather pointless, aren’t they?
In their place is nothing.
“The Fly” is buying nothing, with both hands, in size—going into BBQ weekend.
This is the last hoorah for the summer of 2008. All in all, it was rather benign. I never take long vacations, so my highlights are usually somewhat subdued. Nonetheless, I enjoyed myself a great deal and look forward to banking some major coin—during the fall and winter months.
My thoughts about stocks and asset allocations are constantly changing. I never stick to one mantra or investment style. Instead, I think dynamically, always on the prowl for a new angle.
If there is one thing I can drill into your stupid skulls is to think dynamically—which includes questioning your own philosophies, not just others.
All in all, the stock market is a bastard of a place to make a living. I remember getting into the business, more than a decade ago, and all of my friends and colleagues were so “psyched.”
We were all going to be rich, thanks to the stock market, Gordon Gekko and our Godly skills.
Fast forward 10 years, 90% of my colleagues have quit the business, either because of the emotional drain or good old fashioned failure.
If you’re in the business and feel it’s not for you: quit being such a piker and get to work.
You only think that way because you want success served to you on a platter, during a specific time of the day—preferably when you’re not busy. Nothing in life is easy to attain, minus stupidity and death.
If you want to make lots of money, put the work in and quit thinking about happy hour or weekend trips.
Off to the butcher.
Top picks: Equinix, Inc. [[EQIX]] , [[DIG]] , [[SKF]]
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