Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, May 20, 2009

Mean reversion

Some time ago.... Pre Lehman.....

All time should be measured Pre and Post Lehman......

"I was less of an alcaholic.... Pre Lehman"

"Pre Lehman... my net worth was......"

But... Pre Lehman... My fav. sport was cycling.. and I was fairly serious about it... not meaning "Going Pro" but... Just love doing it.

My package of Bike gear showed up yesterday. And if you want to see an expensive sport.... Try Road Biking, It's a not cheep to put thousands of miles on a bike every year. Almost as expensive as a car, to maintain. I realized that I put 10X as many miles on a bike as I was in a Car. So I guess it's reasonable.


But.... I snuck out yesterday for a few miles.....

It's like fucking Flying!!!!
http://www.cycleways.co.nz/_Img/Products/Trek-Madone-4-5-Road-bike.jpg

of course with fast food Douchbags honking at you and trying to crowd you off the road.

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