Slope of Hope Blog Posts

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Another. Two. Weeks.

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As a person who has nothing but short positions right now, allow me to start with my list of “Hey, it could be a LOT worse” bullet points by reviewing the five personal portfolios I manage:

  • Portfolio #1 is entirely cash and will not suffer one penny of harm
  • Portfolio #2 is entirely cash and will not suffer one penny of harm
  • Portfolio #3 is 85% committed to shorts but at least has two positions, DOW and XME, which are getting zapped after hours so will help lighten the blow
  • Portfolio #4 is incredibly light with only a 48% commitment level
  • Portfolio #5, the options, is even lighter with just at 39% commitment

Make no mistake, tomorrow morning is going to suck for me, but the level of suckitude – – especially considering I got out of my SQQQ long (at a profit!!) and Bitcoin shorts – – is a FRACTION of what might have been. Let’s just say, I’ve survived far worse!!

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