…when they play market guessing games/market guessing critiquing games…as they are all smart people, they just need a little guidance/push in the right direction from me and you.
Here’s the scoop: A debate has broken out between Kedrosky & Mish over whether Peter Schiff was right or wrong for calling the whole market / real estate crash
You can read them both, but I don’t think either are worth highlighting—in fact, I’m not gonna waste your time highlighting any useless stuff anymore, which will mean I’m gonna save you from sifting through decades upon decades of noise.
Who gives a flying f%^& whether Schiff was right or not? Who gives a flying f%^& about macro and market guessing games. Only pundits and idiots do, not that they are different in the least.
There’s a million ways to bet on gold going higher becaude blah blah blah, the dollar crashing due to blah blah blah, real estate bottoming in blah blah blah due to blah blah blah, blah blah blah—they’re all guessing games in which the odds are little/no better than a casino.
So, to me, all these articles breaking down the guessing games are akin to analyzing why Mrs. Smith just won at her slot machine while Mr. Brown did not. Why Mr. Sykes just lost at horse racing when Mr. Jewstein won the lotto.
There are only a 3 things that do matter and are worth talking about:
1. Long-term track records—Peter Schiff and all the rest of the pundits suck.
2. Customer testimonials—Peter Schiff and all the rest of the pundits suck.
3. Transparency—Peter Schiff and all the rest of the pundits suck.
Now my little post won’t matter in the argument because I dominate all 3 categories, I’m the anti-pundit, almost expected to grab these snot-nosed little children by their ears and whack them with a ruler of reason until they understand their wasted commentary, I trade penny stocks and have less than $50,000 in my trading account (up from $12,000 15 months ago, full detailed you cowardly non-transparent pieces of shit…I don’t give a crap about you earning -20, -10, -5 (still outperforming yada yada yada), 5, 10, 20%/year on $100 million, earn your cowardly 1-2% management fees) and I earn most of my money by actually teaching people how I profit through instructional DVDs, ooooh soooo sketchyyyyyy–shutup you little bitches, all you do is guess day in day out, your readers stay as dumb as when you found them thus necessitating your guessing game commentary forever, my customers actually can and have become smarter than me, eventually putting me out of business/employing me–so rather than playing the typical useless guessing games, I’m actually working full-time on trading, detailing my exact trades and grouping all my happy customer comments.
Apparently, this makes me lesser than these narrow-minded sutffy, weird, boring finance freaks, but all I know is that it provides me with a great living, helps me understand EXACTLY how much I’m helping others and lets me go to sleep guilt-free, knowing I hide nothing while avoiding childish games. I don’t know how these other guys sleep, my guess is lots of pills.
That’s right you blogger cowards, stop hiding behind industry regulations and your mediocrity and show your true worth, because this is just the beginning.
Thank you TIME magazine for highlighting almost all the cowards in one great article.
Posted in Evolution