Well, if I had any sense, I would have heeded the signal loud and clear, because it never fails. This is just a sampling from late December and early January:(more…)
Slope of Hope Blog Posts
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I suspect some of you here have had a lousy 2023 so far. Obviously I’m referring to the equity bears, which I tend to attract. Most folks in my position have a habit of bloviating about the good news in their life and hiding the bad, but I’m a bit of a freak in that I reveal the bad stuff too.
I’d like to share with you how, a mere two weeks into the trading year, things has already been going badly for me. This is a gift to at least two sets of people (a) those whose year has sucked so far and will feel less alone (b) anyone who dislikes me and gets off on suffering in my own life. Thus:
- I’m down in the low double-digits (percentage) so far;
- Of my 18 positions, two, count ’em, two, are showing a profit.
- It’s completely plausible that 2023 is a big “up” year, which will make things worse.
I decided to use Dall-E to create a stained glass rendition of a bull having a cocktail, which seems appropriate for the year thus far.