Author Archives: Tim Knight

Doing God’s Work

By -

Over the past few days, I have been shorting, and shorting, and shorting some more. This morning, in the face of a big red number on my portfolio and a market poised to continue surging, I entered my final 35 positions, bringing my total to 143 shorts. Shortly thereafter, well, things started changing color. I am prepared to, once again, be a hero or a fool. May God smile upon the bears as they execute his holy work in this poisonous land.

Printing Put Profits

By -

I did a post back in February when DDD was about an $80 stock. Simply stated, I think 3-D printing is a fad (and this is from a person who, since 1979, has bought pretty much every new interesting technology on the first day it came out). 3-D printing has received a ton of press, but I think very few people are actually going to use the damned things. In any event, you can see how DDD has done in percentage terms since peaking earlier this year:

1022-ddd

Won’t You Be My Neighbor?

By -

After reading the “0.1% Problems” post on ZeroHedge (which was about a snippet from a local paper about a fellow complaining that billionaires can get whatever they want, whereas ‘average millionaires’ in Palo Alto cannot), I thought I’d share a property listing with you good people in case you want to join me here in my fair city (my house, mercifully, I bought into back in 1991 when prices were merely above-average, and not insane).

May I present to you 258 Middlefield Road, Palo Alto, California, which is located within walking distance from my house and is a mere $1,800,000 (well, that’s the asking price, but it’ll probably go for more). The property features ample storage in the back…….. (more…)