Stocks are not Equity

I haven't been posting to my investing blog because I haven't been investing. I'm up to 75% cash on my personal account, not optimally timed exits but not terrible timing either. Sold my TDG too early but my RIM was well timed. Hanging on to smaller positions in NRG, CJT, and AMD.

I made a personal decision to focus on my career as a financial wizard of sorts rather than battling it out in the pits of my retail equity and fx accounts. I have built up momentum at my workplace and I intend to ride it out which requires more of my focus. I will be back to slaughter the pigs in public equity markets when they most expect it but are too paralyzed by greed to do anything.

Now on to the title. Stocks are no longer Equity. Equity represents a fundamental underlying interest in a company. While owning a stock grants you the illusion of owning equity, the truth is that is empirically a lie for retail investors today. The real equity that I have is myself and the value I can create with my sales/math/programming/brainstorming/communication skills.

Perhaps this blogs time has come to an end. I have failed at long term passive investing, market conditions over the past 4 years are no excuse. When I return to the market I will be a speculator.

Haters gonna hate

Damn this market sucks. I am down as an investor, most of my stocks have been personally and individually knee-capped by god/satan himself. The ones that have survived were handicapped to begin with. But I will not sell into fear. I am becoming a man of principle, I don't care what it costs in the present because I know what it will be worth in the future.

All You Can Eat

Buffet. Buffett.

Can words describe this deal? 5 Bills of preferred equity and 700 Million warrants at 7 bucks. Get out of town. Shut the front door. I'm still down and out on BAC but it's retribution enough that bears are being impaled skyward by none other. What else is there to say? The man's a monster.

Where's the red

You call this a down day?! If you don't know who I'm talking to it's safe to assume it's the American media because they are the easiest target on the planet.

C'monnnn. We're not even down 1%. Everyone knows last week was just some trillion dollar shennanigans. And everyone is mad about it. Mad that they got scared out of their positions. Now they want their money back. Even if they have to rally this mother trucker past previous highs.

Let it be known

I made money shorting the swiss franc yesterday. The swiss franc rallied 5% vs the US dollar yesterday.

This needed to be chronicled as evidence to my "give me a market and I'll give you a profit" mindset. Tight stops and balls of steel.

Ideas are scaled by execution. Even a bad idea can be executed into a profit.