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But having said that there is some value in Mergers and Acquisitions and some value in helping companies raise money. All the securitization of mortgages, the CDS disaster, and 30 to 1 leverage to make the quick buck was what really pissed me off. Those fuckers knew exactly what they were...

I completely agree with you. I once wanted to be in investment banking before I landed in energy trading. Now I truly would like to add value and do something in industry. If I keep with the trading route at least I am adding liquidity and possibly helping companies manage their risk...

I am getting long commodity stocks for the long term for two reasons: 1. Diversify away from the dollar, profit from the expected huge inflation. 2. If recovery does occur it will then result in more demand for these resources. I believe this play can be profitable even if the economy...

Does this mean strip clubs will become cheaper as supply of sluts goes up or will the quality of women merely increase and all the ugly ones get thrown to the curb?

A lot of us feel the same way you do. I feel so much rage watching America being run into the ground by its fucking retarded govt. I even wrote a letter to my Senator. There is nothing I can do about it so I am just going to live my selfish little life and try to get rich.

One of the guys mentioned buying LEAPs on industirals/commodities. Anybody care to share some good possible plays?

I am looking to reduce my exposure to the dollar over the next 3-5 years. I am currently buying gold and industrial/commodities stocks. Would it make sense to hold another currency and if so which one?

I was going to bring up buying a house as well. Lever the fuck up and buy a house. I don't know if it makes any sense to borrow and then buy securities that profit from inflation. Sounds pretty dangerous and if your timing is off you could get fucked. Where would you borrow anyways?

Can you truly profit from inflation or merely maintain your wealth relatively to the rest of the world? I guess that is the same thing and you come out richer in the end.

I was wondering if now may be a good time to purchase Utilities. I am currently of the opinion we will see another 18 months of hell followed by recovery + inflation. I am already starting to get long commodities companies in general and looking to diversify a bit.

It sure was fun last summer though.

I am beginning to think the entire global market is a suckers game unless you are a trader. It is obvious to me that buy and hold is bullshit unless you can sit on your money for 25 years(who honestly could do this besides the richest of the rich?). I think active investing such as...

Fuck all you bottom callers. Stop trying to call the bottom its fucking asinine.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aMnfuo6KKyQU&refer=home What is the best way to profit from inflation?

LOL good point.

The whole wealth management industry is bullshit. Passive buy and hold using cheap indexes was the only way to go. Obviously it has come to light that this is also a sub par strategy especially if you don't have 25 years to put your money away and not touch it. You can either become a trader...

If you "invest in 25 year cycles" how could you ever be proven wrong. You could just say oh give it time. And by the time you get sick of their bullshit they have already raped your for account 1-5 years or longer. The average person who knows nothing about the markets gets robbed their whole life.

I think investing for the long term is just a bullshit lie brokers tell you when they fuck up your investment account.

Thank you for your post. What is your DOW target?

I'm a little confused. You say the market is going up and that we are going into a depression?