Been doing work, half-heartedly, because prospective losses / gains-not-made on portfolio can easily overpower any active-income not-made especially since prospective active-income is either zero or long way away and therefore highly speculative, whereas shorting Tesla is so for-sure and now, as in almost immediate, and bitcoin is outperforming everything (RE, gold, cash, general equities) but not Tesla-short
Off on the side of the big work screen is one iPad showing portfolio and another iPad showing streaming videos on macro / investment world
The overall portfolio is up reasonable amount as the the diversified holdings (RE, gold, cash, equities) are in the aggregate doing well enough, and the most exciting parts are in Tesla short and gold / bitcoin / DRD longs
Need to ponder leveraging up RE at some juncture, when it is safer, to get more of something else
But am high cash because of the Tesla short, and the cash is an issue as it wastes away
There is little point in shorting TSLA and then hold the resultant cash. TSLA must be shorted against either GBTC / QBTC or GLD / gold.
But of course the planet is facing a prospective insolvency situation, and insolvency counteraction should be cash.
I think the folks at RealVision are doing a good public service, and a subscriber, but here is a free end-of-week dialogue
I need to devote more time to what obviously work best
Recommend a view zerohedge.com
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