Time to Buy China, Copper, the Canadian Dollar and Oil [View article]
95% US treasuries, 5% out of the money puts and calls on just about anything and everything.
On Mar 07 11:36 AM comox wrote:
> Jay- thanks for taking the time to reply. I'm invested in Canadian > resources now, impatiently waiting for the coming commodity resurgence, > and still taking some downward hammering. Of course that all hinges > on this China/US recovery discussion. > Conventional investment advice did nothing for us leading up to this > meltdown, and in general the commentators and advisors missed this > completely (including some very smart people: Eric Sprott of Sprott > Funds, Tom Stanley of Resolute Performance Fund, etc.). I'm feeling > completely let down and skeptical of the investment community. I > do like to follow Peter Schiff, Jim Rogers as their ideas make sense > to me. > > Someone made money: shorting oil and commodities, long on US dollar, > shorting DJIA and TSX, etc. in last 6 months. I'd like to get some > professional advice that makes me one of those making that money > by making smart aggressive bets (not for the major part of portfolio > of course)! > PS- read Nicholas Taleb's "Black Swan" and found it very heavy going. > I was hoping for some specifics of how he exposes himself to the > huge winning opportunities (and the majority of his portfolio is > very safe he says)- the book never contained any specifics. Does > anyone know what he invests in?
Time to Buy China, Copper, the Canadian Dollar and Oil [View article]
Your inability to perform basic math is dismaying.
On Mar 06 01:14 AM ScottEX wrote:
> You think about it, 11 million people working for a pittance, to > build America, and save the wealthy vast amounts of money on the > work nobody wants to do. How about the 52,000 account at UBS. Do > you think there might be a little more tax leakage there? Your logic > is astounding.
Time to Buy China, Copper, the Canadian Dollar and Oil [View article]
On Mar 07 11:36 AM comox wrote:
> Jay- thanks for taking the time to reply. I'm invested in Canadian
> resources now, impatiently waiting for the coming commodity resurgence,
> and still taking some downward hammering. Of course that all hinges
> on this China/US recovery discussion.
> Conventional investment advice did nothing for us leading up to this
> meltdown, and in general the commentators and advisors missed this
> completely (including some very smart people: Eric Sprott of Sprott
> Funds, Tom Stanley of Resolute Performance Fund, etc.). I'm feeling
> completely let down and skeptical of the investment community. I
> do like to follow Peter Schiff, Jim Rogers as their ideas make sense
> to me.
>
> Someone made money: shorting oil and commodities, long on US dollar,
> shorting DJIA and TSX, etc. in last 6 months. I'd like to get some
> professional advice that makes me one of those making that money
> by making smart aggressive bets (not for the major part of portfolio
> of course)!
> PS- read Nicholas Taleb's "Black Swan" and found it very heavy going.
> I was hoping for some specifics of how he exposes himself to the
> huge winning opportunities (and the majority of his portfolio is
> very safe he says)- the book never contained any specifics. Does
> anyone know what he invests in?
Time to Buy China, Copper, the Canadian Dollar and Oil [View article]
On Mar 06 01:14 AM ScottEX wrote:
> You think about it, 11 million people working for a pittance, to
> build America, and save the wealthy vast amounts of money on the
> work nobody wants to do. How about the 52,000 account at UBS. Do
> you think there might be a little more tax leakage there? Your logic
> is astounding.