Why not. Anyhow, like I said, classic ss/ strategist / treasury guy, always wrong, always talking. Every once in awhile you get a randomized bone without even time stamping a tradeable call and talk about it two years later.
That’s most of the reason I’m calling you out. I see it all the time in this forum, all of the talking with none of the come to jesus moments where people bother to reconcile actual calls (which analysts can learn a lot from in terms of constructive “why am I an idiot” feedback). If you had half as much self awareness you’d have reread this thread for that reason and taken it as it is. I did the same thing to Ghibli on the coal call with BTU, Palantir with his perma-bull AAPL hardon. Sell side princesses that have the luxury of living in a state of cognisant dissonance.
It’s why I love the buyside. I can be harsh, as long as I’m right. Tough calls, in tough environments. In my old jobs we did lots of discourse, no real black and white feedback. I’ve gotten a lot sharper by having to put money down, take clear stances and reconcile trade outcomes against rationales.
we both run books. the difference is that i don’t violate the CFA code of ethics. i would never talk about a specific position i’m holding as, if i’m good at what i do, i will violate my duty to client a majority of the time, as my clients would be in the same stuff i’m in. assuming i’m teling the truth and that i’m a bsd, telling some random people that i have a big position with an expiry date , would be bad for my clients, as i’ve just disclosed a time period for when i have to sell. maybe your position in ABX is not big enough to have price impact. ~50% of the trading positions we have (i.e. the ones worth talking about) are large enough to have price impact (i.e. large enough to move a stock by 3-5% when we close out). this is why i refrain from speaking about specific positions. fyi, i very likely have control over far more dollars than you do.
Dude, these are personal account positions. You and I literally discussed that earlier in the thread. Jesus, you’re bringing up the code of ethics crybaby. You’re an idiot, deal with it. LMAO what a zip. It must really shake your world to find out you’re average after years of mommy and daddy calling you their special little snowflake.
Anyhow, closed it today. Probably more upside, but I’m good.
Sure, when it fits our mandate, which it doesn’t. The bonds on the other hand we could own and may have or not have at different points but it’s largely irrelevant. What was an options strategy designed to play on volatility coupled with operational leverage is completely unrelated, in compliance with our code, etc etc etc. None of which plays a role in your silly little question about my clients participating (eyeroll). Maybe you should re-read the thread or go upstairs from the basement and have your mom offer you a zanax. T.T
Don’t you have some treasury / money market funds to babysit or something?
No, I’m saying my option trade and discussion of it did not violate any principals, CFA or otherwise (even checked with compliance prior) and that you’re a sad little money market treasury man who’s trying desperately not to be wrong and only making it worse. This may surprise you, but I don’t think my playmoney long equity option position caused a major market move that sent shockwaves across the fixed income market. But I may be wrong. Mommy’s xanax kick in for you yet? T.T
you understand that i’m not really insulting you and am simply asking questions right? belittling someone whose been on this forum for almost a decade and who actually has a front office job as an advisor and PM is getting a little ridiculous. i’m not “NeverHappened” over here.
The delusion is strong with this one. Might be time to go back upstairs and ask your mom for another Xanax. T.T
Ok, let me start over, I think I see what’s wrong here. MLA, in this beautiful post modern world we live in your truth may be different from the world’s truth, but don’t let that stop you. Were you fantastically wrong? Yes. Did you make it abundantly clear you enjoy blindly lecturing on topics your feeble money market mind struggles to grasp? Yes. Should that serve as a constructive masterclass in gaining self awareness? Yes. But you’re special, you’re an advisor, no wait, a PM in the brave new world of money market securities and the world is your oyster. Have another Xanax, those big jerks must be violating the code of ethics or something. No? Ok MLA, this is your inner psyche talking… I give up.
