This isn’t going to be a post about globalism or anything that you might consider newsworthy. Every so often I give the readers a general update of my thoughts, regarding markets, money management, and life in general.
About a year and a half ago, I became dispirited by the market. The florid years of stock picking were behind me and I was stuck in between a corrupt cadre of central banks and a global economy that was slowing — adding up to what I thought was a toxic cocktail that was bound to wreak havoc. I left behind a burgeoning money management business, told my clients to discount house it, and took some time away from it — spending my idle time writing, trading and delving into real estate.
After careful consideration, I am leaning towards reentering the maelstrom, back into the game of money management — for a few very specific reasons. Just like I saw a storm coming in 2016, placing my investable income in treasuries at a time everyone thought it was madness, I believe there is a massive dislocation in a certain sector, which I call ‘nation builders’, that can be exploited.
Believe me (extra Trump), this isn’t Fly being nihilistic, sarcastic, or even attempting to be funny. This is straight up greed, a strong desire to leverage my ideas amongst an array of investors that seek money management of the professional sort.
How will this affect you?
Probably less posts about John McCain and more stock ideas.
Ultimately, iBankCoin is a timeline of a very peculiar and eccentric person. Perhaps one day the site will be dedicated towards herding sheep in the green fields of Romania. But, for now, we’re doing polyprop and high finance.
I feel very confident about this opportunity and will, of course, keep the plebs apprised.
The post I’M GOING BACK INTO THE MAELSTROM appeared first on Trading with The Fly.
April 25, 2017 at 09:51AM
from Dr. Fly
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