In this era of endless Fed support and government-sponsored Ponzi scheme (FOMO/YOLO/ZIRP/NIRP), it is tough to be a value investor and sit tight on your hands. The poem below was written by a hedge fund manager. It has many finance and trader jargons but is only half sarcastic.
BGM is by Rod Steward.
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(Copyright: Vineer Bhansali, ASCAP)
You told me to save my money Put it in a pot and watch it like honey But when I opened the pot Relatively speaking there wasn’t a whole lot
I should not have listened to you So clear you did not have a clue I should have done what my neighbor did Throw caution to the wind and throw in a bid
You made fun of the day trader You said it will be different later Like a fool I listened and got stuck in slo mo Now I am so much happier with FOMO
I know you will be right in the end You tell me not to borrow and not to lend But I won’t listen anymore to your no no I think I will buy some call options and just FOMO
股海无涯,那里是家?
The sea of stock trading is boundless. Where are you sailing to? Are you coming home soon or keep on pursuing that forever missing holy grail?
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In this era of endless Fed support and government-sponsored Ponzi scheme (FOMO/YOLO/ZIRP/NIRP), it is tough to be a value investor and sit tight on your hands. The poem below was written by a hedge fund manager. It has many finance and trader jargons but is only half sarcastic.
BGM is by Rod Steward.
============================================
(Copyright: Vineer Bhansali, ASCAP)
You told me to save my money
Put it in a pot and watch it like honey
But when I opened the pot
Relatively speaking there wasn’t a whole lot
I should not have listened to you
So clear you did not have a clue
I should have done what my neighbor did
Throw caution to the wind and throw in a bid
You made fun of the day trader
You said it will be different later
Like a fool I listened and got stuck in slo mo
Now I am so much happier with FOMO
I know you will be right in the end
You tell me not to borrow and not to lend
But I won’t listen anymore to your no no
I think I will buy some call options and just FOMO
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Even't do sell in May, we need to be cautious since the vix is too low.