Tesla the growth myth. I have seen a multitude of articles, tv pundits, YouTube millennials all gushing over what an incredible quarter Tesla just had by crushing expectations & delivering 139,300 cars while producing 145,036. The hype machine continues to roll on. $tsla $tslaq Inside I want to chuckle as I realize how easily the masses are manipulated. Elon Musk knows this & his greatest gift is leading lemmings off a financial cliff. Hey give me your money & we will dream about Mars, Hyperloops, appreciating cars & money printing solar panels.

Here we go again with Tesla. A major run-up fueled on pure speculation. Tesla adds Hiromichi Mizuno well known for his dislike of shorts, former manager of a trillion dollar plus Japanese hedge fund. We can assume he has or should have connections with Softbank. $tsla $tslaq Lo and behold the Japanese investment company turns out to be the primary driver behind the recent stock surge by what appears to be a call buying strategy which is intended to drive algorithmic trading & stock purchases to artificially drive the price up on what is a very small

Today made me much more comfortable with the market and my overall strategies. It is an uncomfortable feeling running a long/short strategy and not being able to have a reasonable portion allocated short. Noticed the wobble in the big tech names on Friday that spilled into this week so I was able to go short the stock & via long-dated puts yesterday. Stayed long but reduced & went short via long-dated puts . Today I added and via puts & was already short pre-earnings . I went short last week & have stayed short

I have been a lifelong Dodger, Lakers and Rams fan. Sports have been an integral part of my life. High school sports were the primary incentives for me to bring my butt to school and to get myself through high school and eventually into college. If what is happening in sports doesn't shock and scare you, you are wearing blinders. These sports figures are celebrating chaos, the denigration of our nation and our constitution. Drew Brees speaks up and he was forced into an apology. Brian Urlacher speaks up and he is quieted and disowned by the Bears.

So the fed creates reserves for the banks who then lend out these reserves which were created from nothing to banks. Banks lend it to you the average Joe and charge you interest. Banks lend like crazy because the interest is their drug & like every addict they get reckless. Their addiction causes them to create more loans, putting the country awash with fabricated dollars & crushing the purchasing power of the same average Joe who is busting his hump making a living. When it collapses every decade or so good ole Uncle Sam bails out these reckless

Interesting thought to myself as I review another fictional work titled Tesla's 10-Q. Ok, we all know Tesla's accounting practices are intended to intentionally misstate the true financial picture. Tesla is not generating profits from operations. The subsidies are pulled forward to overstate net income with the intention of manufacturing profits. Costs are recognized when convenient, not always when incurred & most of the time not where they should be recognized. Is this wrong even fraudulent?! Hell yes it is.

Following markets and what the Fed Reserve is doing is absolutely astounding. A shame most Americans have no clue how the Federal Reserve system, a private banking cartel, is intentionally rushing the world into socialism in collusion with the IMF & the World Bank. How do markets rebound in just several months when no one is working and thus not putting money into those pensions? Government pensions are vastly underfunded, crashed in sync with the market & didn't have reserves to buy the market back up. The world is shuttered & trade is barely ticking up.

Interesting fact. More whites in America have been killed in America by police than Blacks & Hispanics combined since 2017. Fatal police shootings annually average less than .000002973% of the population. 93% of homicides against black males are committed by other black males. statista.com/statistics/585…

An answer to wealth disparity in America without having to exercise radical socialism can be made with a few small changes in the distribution of wealth within corporations. One, requiring a complete revamping of executive compensation by making it performance based & not stock based compensation. Numerous Silicon Valley billionaires run companies that continuously operate at losses & survive on capital raises & debt infusions. They are then able to extract that money through stock based compensation plans. IF CEO's were only able to

From a textbook perspective markets appear completely irrational. Yet, if you look at the options of where to put capital to work what options do you have outside of American markets? You have internal inflows from workers, coupled with external inflows from foreign markets which are grossly exaggerated because of central bank policies. Thus you chase stocks & real estate to store your "perceived" wealth in these assets. So much money is chasing so few assets you get rapid price growth. The truly perplexing part pertaining to markets is how the

Just a quick dive into my process. Around three years ago I realized volatility was going to be a major issue with client portfolio's going forward. I felt after almost a decade of Alpha being stolen through fund & ETF selection it was time to concentrate more on specific companies, individual corporate bonds, hedges, & the reduction of volatility on portfolios through the selection of contrarian positions using put options. Since I am the guy doing the majority of the research I realized I had to keep the positions concentrated.

100% equality. Of course myself & many, many others want equality for others. We all understand there are bigots & racists of all colors & all demographics. I also understand that there are bad cops & our justice & penal systems need major overhauls. Yet, I also think there are systemic problems with Black American communities that are not being addressed that are the result of the citizens of those communities. Violent crimes committed by black men, single parent households, failure to make education a priority, drug use. These problems occur within

George Floyd's death is a tragedy. I hardly think third degree murder charges are sufficient. I am disgusted three officers watched their fellow officer murder Mr. Floyd. However, I am saddened by the reaction of people & their willingness to plunder & destroy their communities. These actions do not scream equality they scream for separatism through the form of lawlessness & violence. Martin Luther King an eloquent leader whose peaceful movements inspired compassion. Mayor Keisha Bottoms riveting plea to her city. These are the individuals whose words

A fellow ranter @JacksonStewal made a comment to me that got me thinking about our capital markets. My fellow frustrated Twitter user stated the markets are in milder terms, broken. Being an investment professional you don't want to hear that the profession you love & the the job you relish is in essence a shell game for your investors. However, I can make a strong argument that this is exactly the case for you and I the average Joe. I left the corporate world, which was good to me, to venture out on my own around 14 years ago. A certain CEO

I just saw the video of the CHP who fled the scene in his car and relocated a few protesters with his car & wanted to share with everyone what a dream California is to live in right now. I live and work part of the year in CA and part of the year in South Carolina. I left one week ago. Since I left, my wife after being invited by her friend to go boating in Sacramento, had her car broken into & her valuables & ID stolen as well my step-son's phone. Shortly after her friend had that same boat stolen from the dock, stripped & vandalized.

Some thoughts and rambling. I will be 50 soon. Hard to believe as it seems like just a few years ago I graduated college & left for Silicon Valley to chase a career & a girl. The career has changed many times & so did the girl.I started in accounting, then an auditor, later a tax expert & honestly hated all three. Excelled as much as you can in a career you don't love & eventually found my passion later in life in the markets. I can tear apart a set of financials with the best, understand business & what it takes to make it work & these traits help me

Everyone out of work right now wondering how they are going to make ends meet. How do you feel about a billionaire about to receive nearly a billion dollar stock bonus? This after receiving billions of dollars of taxpayers subsidies to ensure his businesses survive even though they have incinerated billions of investor capital since inception & have never turned an annual profit. Wait it gets better! This billionaire wants his non-unionized work force to show up to work during a pandemic so he is assured he gets his bonus at all costs.

America just isn't America anymore. I deal with money. Predominately other peoples money. Very few people save anymore. Everyone is extended beyond their needs. I just finished my thirteenth tax season and I continue to be flabbergasted by my fellow citizens. Call after call about the free money the government is handing out & how can I get my hands on it. What happened to personal responsibility and the shame of taking a hand out? People should be angry right now. The $1,200 bucks is a shiny bauble to distract you from the reality

Running a long/short strategy during volatile times is a hell of a rush. Current allocations , , in our commodity portion of the strategy. Short , , , , , via puts. Long , , , , , , , , , , , , , . I have seen some success using stop-limit and stop-buy orders to determine weightings, entry & exit. It is early but YTD Equity Long/Short strategy has returned approximately 14 to 20% based on client allocations determined by risk tolerance, etc.

It's been a while twitter world. Work has me chasing my proverbial tail this last month. If you are not familiar with my background I run a hedge fund strategy in client's individual retirement accounts and investment accounts. . I have been using this particular strategy for the last three years after being a predominately long only investor the last decade. This strategy has ripped a substantial amount of the volatility out of client portfolios and during periods like this week it can greatly reduce client anxiety.

We are about to allow one of the largest frauds in our history to be perpetrated on our capital markets. We are about to allow one of the most dishonest & treacherous CEO's in the history of the market to become one of the wealthiest men in the world. We need to start a concerted letter campaign. We need to get the media onboard & arm them with solid factual info. We can't allow a con-artist to amass this kind of wealth & power. It has to be a concerted effort. @timseymour @CGrantWSJ @EllenYChang @lopezlinette @danahull