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Hope all goes well. Toured our 51st state. Great White North. Ya know, over 70% of Canadian exports go to the US. That dwarfs French exports to Germany (15%). Or German exports to Italy (6%). And yet, Canada still has its own currency. Loonie right? But I used my Amex, so never noticed – not sure anyone really does. They called Canada a Banana Republic in the early 90’s. Because it was. Then they devalued. Because th

Hope all goes well. Had a tough wk. But not as bad as my buddy Matt. Who got attacked by 12 sharks. 8-10 footers. In open ocean. He left his head-cam on. So I got to watch the video. A deckhand was cleaning fish, threw scraps overboard. Bloody chum always gets animal spirits going – just ask Bernanke – and excited sharks rose from the depths. But you know, real life attacks ain’t like the movies. Matt fought hi

Hope all goes well. Snuck down to the water. Early. To watch the storm roll in. And walked along the beach. Alone. As the sea churned. Lifted by a fearsome wind. That wiped the sand clean. And striped trees of dead leaves. Branches too. A dessert storm is rare. Miraculous. Cleansing. Lightning flashed. Thunder rumbled. And as the liquidity poured down, I considered the metaphor. For a brief moment. Then got the F out

Hope all goes well. Sunny and seventy one day. Snowy sprinkles the next. Flowers are out. Tattoos too. Yeah, that’s early spring in NY. Of course, time moves quick here. Ain’t even summer, and they’re talking about autumn. Yeah, nearly everyone is antsy. Agitated. They say it’s too late to buy, but too early to sell. So fellas place little bets, on tomorrow’s unpredictable forecast. Trying to keep warm and dry. Bidin

Hope all goes well. Saw the Hunger Games. Read the book too. Weaves four all-time favorites – Brave New World, 1984, Fahrenheit 451 and Lord of the Flies — into a killer tale. Be honest, who doesn’t love the underdog? Abhor the machine? The flick really hit a chord. Just look at those box office records. Hey, you see? China made arrests. Shut sites. State Internet Information Office announced a few rebellious s

Hope all goes well. Can you blame him? Me neither. I mean, any good trader thinks about it. Every. Single. Day. Particularly when you got a really bad portfolio (or a great one). So if Mitt wants to be CIO he’d better shake it up. Grab all 72,536 pages of our tax code. Remind America it was 400 pages 100yrs ago. Wipe that slate clean. Shake up our infinitely complex electoral district map. Our tangled entitlements to

Hope all goes well. Dear NY Times, got a confession. To be great at this sport, you gotta love making money – in the short, medium, and long term. I do. And been at this for 23yrs. Played by the rules. There aren’t many. Every day we fight to take as much money as possible from mkts, counterparties, competitors. That’s the game. Our only true teammates are investors, we’re their fiduciaries. At Lehman, in the e

Hope all goes well. She pulled her knees in real close. Tight. Hugging herself. And stared out the windshield. Sobbing. “Will Iris go to heaven Daddy,” Olivia, my 8yr old, asked. Now, I got no idea. Never been there. And gun to my head, I’d say no, that landlord doesn’t allow kittens – just Lions. But truth is, even in a great year, I get it right maybe 65% of the time. And I know a cheap option when I see one

Hope all goes well. Love big families. Kids. Cats. Dogs. Frogs. Chaos is comfort. But I’ve drawn the line. Stopped the madness. Unlike the ECB boys. Yeah, they’re really rolling the dice now. Playing with fire. Unprotected. Prolific. Yeah, imagine their crowded Christmas cards this yr. Just look at all those baby Euro’s. So many noisy, naughty zeros. Overall: Rome’s smartest mathematicians scanned the night sky. Back

Hope all goes well. China, Indonesia, Japan, Malaysia, Singapore, Philippines. Inhale… India, Thailand, Vietnam, Korea, Hong Kong. Yeah, bizarre. I thought the same as you. No one in Asia talks about Greece? Or Portugal? Not even Spain? Don’t they care that French banks are broke? Iran threatens Hormuz? Assad’s flattening Homs? Nope, they don’t. So I just shut up. Listened. And dedicated w/e notes to just that. Overa