Blog Post

Ok, so it's 1:32 am Sunday,and what am I doing?  Researching stocks!  I know it's sickening!  But, I love this, and I hope I always will.  I also hope I get better and better and profit along the way.

So, over the weekend I read Warren Buffet's partnership letters.  These are the letters he wrote to his investors before Berkshire Hathaway.  Not many people talk about them.  I find them instructive.  More on this later.

Ok, so my game plan is this.  I think the market will get much worse.  The portfolio is well positioned now to profit.  I'm going to slant the portfolio a bit and position it to profit more from a bearish market in two ways.  I'm going to focus for the long term on purchasing business development companies i.e. ACAS and in the short term - more shorts.  In particular I want to short emerging markets and will do this via FXP.  And I'm studying more short plays.  More to come...