Month

It ain’t easy being on the run. The more power you got, the bigger your name, the harder it is. Medvedev dropped his favorite customer, Gaddafi, “Lost his legitimacy to govern.” And of course, the only thing Ruskies love more than selling weapons to old dictators, is selling weapons to new dic…well, let’s hope for somethin’ better. So with that parting bear hug, Muammar’s finished. The madman slithered from hospital

Hope all goes well. Be back next wk with full w/e notes. Needed a breather. Plus I’m engrossed in Decoded, new book by Jay-Z. My favorite living artist. Tells the story of Man’s struggle. Set in NYC, my hometown. Explores ambition, hunger, loyalty, hard work, power. Passion for the game. Turning nickels to dimes, dimes to bricks. Anyhow, I spent the wk in NYC with hungry guys, ambitious. All in love with the same thi

Oh what fascinating creatures we are. Glorious. Pathetic. Noble. Base. Good. Bad. And of course, we’re weak, small, and have precious little time to learn so many complex things. Is it any wonder we’re confused, forever questioning why we do the things we do? The Terminator, Man’s strongest man, fell to his knees – conquered by Man’s fiercest enemy: thyself. Naturally, some version of this inner battle raged in

Hope all goes well. I confess. Tried to squeeze too many things into too few hrs. Failed. So I’m keeping it short. I’ll be back with full w/e notes June 5th. I’m jetting out tomorrow, heading to the Apple. Overall: Oh what fascinating creatures we are. Glorious. Pathetic. Noble. Base. Good. Bad. And of course, we’re weak, small, and have precious little time to learn so many complex things. Is it any wonder we’re con

Hope all goes well. Returned from London. I met so many fellas. Listened too. Everyone wants to buy commodities. And of course, the boys expect the USD to decline. Bonds too. Stocks may go higher, but “you gotta be careful” – so goes the chatter. Overall: What a miracle. The basket nearly empty, the multitude many. But when they counted the dough, there appeared aplenty. USDA forecast corn stockpiles to multiply from

Rebellious Bavarian monks penned a series of 12th century poems. Explored the role of fortune in our world, the cycle of life, and death, of love and sex, corruption in the Catholic Church. Their work remained hidden till 1803. By 1937, Carl Orff had lived through 3 turns of Germany’s wheel: Empire, Weimar Republic, Nazism. He composed music. Set these poems to his most powerful piece: Carmina Burana. It moves me lik

What a miracle. The basket nearly empty, the multitude many. But when they counted the dough, there appeared aplenty. USDA forecast corn stockpiles to multiply from 730mm bushels to 900mm (exports drop to 9yr lows). Wheat and soybean inventories expanded too. Oil & gas in storage surged (US fuel use fell to Jun ’09 low). Coal appeared (South Africa shipments to Asia -17%). Iron too (Chinese imports -4.4% from Apr

Hope all goes well. What a ride! They just keep building these roller coasters bigger, better, faster. Financial engineering and abundant liquidity greases the wheels. I rode like everyone else. Felt those highs, lows, twists, turns, corkscrews too. Managed to finish the ride without puking. Owning options helps. I’m off to London’s Global ARC. Overall: Obama had a helluva wk, Osama too. World wasn’t big enough for 2

Empires grow to the sky then crash to the forest floor. The USSR collapsed. Communism’s rot and the arms race weighed heavily, plus we funded jihadists – ooops, freedom fighters – to whittle ‘em down in Afghanistan. Europe grafted some shrubs to a few trees, called it the EU – latest in a long series of failed attempts at empire – wish ’em luck. America over-reached, claimed the globe, boasted sequoia status, n

Obama had a helluva wk, Osama too. World wasn’t big enough for 2 names like that. The bad fella burned some garbage, slipped into pajamas, and with no phone, no internet, no cable, he picked up a jihadist comic book to read himself to sleep – f4#k their cartoons are boring. The good guy played a round of golf, rushed to watch the reality show he’d produced. Brilliant subject, cast, and crew. Swept up real good