Early 40s. Kind of retired. Have traded stocks, ETFs, futures, options. No longer trading regularly but will be buying put options in order to short the major indices most likely end of January 2012. Apart from that 100% in cash waiting for great opportunities to build a new long-term portfolio of stocks, bonds and real estate between 2014 and 2016. Love in-depth accurate historical studies that suggest or refute commonly-held ideas. Hate it when people repeat stuff as if it was obvious without having seen or studied the facts/evidence or even understood what the hell they are talking about.
Fave quotes :
Joe Granville - ''If it's obvious to everyone, it's obviously wrong''
Ludwig von Mises - ''There is no means of avoiding the final collapse of a boom brought about by credit expansion''
Let me give you some numbers about the US Economy :
Domestic debt at 400% of GDP 70%of the Economy is Consumption based with borrowed money , Now you understand why I am bearish ....I let you imagine the outcome of this debt based casino economy ....join me on my blogs meanwhile :