Author: James

The Market Can Stay Irrational Longer Than You Can Stay Solvent

“The market can stay irrational longer than you can stay solvent.” John Maynard Keynes Here’s a couple examples. Hertz Global declared bankruptcy on May 26th. causing the stock to plunge to 40 cents. Bankruptcy usually means that common shareholders get nothing. The stock becomes worthless and is eventually delisted. Yet today Hertz has rocketed to […]

I’m Pissed

I was pissed today. Not because of any bad trading decisions. Overall I made good decisions. I was pissed at things beyond my control. I’m pissed as I write this. The Humble Beginnings of My Pissiness I’ve been in the process of moving my trading from my personal trading accounts to an entity account. There […]

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