Have you ever played where’s Waldo?
Let’s have a go…
Waldo’s a trader who loves a good risk/reward setup almost as much as he loves a good peanut butter and tomato sandwich (don’t scoff until you’ve tried it).
Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More
Which country is Waldo trading these days and how?
The last time something like this happened, a woman who looks disturbingly like a chunky version of Marge Simpson was the centre of the hooplah! Same country.
The chart above is representative of the equity market of this particular country, and the red arrow pinpoints the time when “Marge” got into the dwang.
Now we’re at it again, and the market is judge, jury, and executioner. Someone is in the dwang again, and it’s not Marge.
Now, I don’t want spoil the game and give away Waldo’s location too easily so need to be careful.
I also don’t want to be the one pointing fingers here because a jury of peers should straighten these sorts of things out and as such – in order to preserve the integrity and anonymity of the accused – I decided to put my admittedly new but super handy Photoshop skills to work and completely hide his identity. My daughter thinks I’m sh*t at photoshop but what does she know? She’s 11.
This gentleman… the anonymous one, is under fire with certain rumours circling. Two, as far as I can tell.
One is that he got being a politician, and the other, I understand, is that he has been told not to smile.
Because when he tries to it looks like he’s had an embarrassing accident in his suit pants. The former problem is what’s causing all sorts of fun in the stock and bond markets.
In any event, this country… the one that the anonymous politician comes from, is world famous for (of all things) football stars. Why, with women like this, I cannot fathom. Another of the world’s unsolved mysteries.
Forgive me for saying so, and I know I’ll upset sensitive folk, but this looks like a half retarded nation.
They pick the stupidest leaders, are completely mad about sweaty men kicking bloated pig skin around, and seem completely oblivious to the fact they’re entirely surrounded by some of the most beautiful creatures on earth.
Still, it could be worse they could all be supporters of Chavez and thank God they don’t appear that far gone. This is a positive for the stock and bond markets.
For the rest of you who want to know how we’re trading this particular setup… this morning I sent out a trading alert to Insider members with what we believe is an above average odds to make 190% return on this little gift from the markets.
I invite you to subscribe here, and if you don’t like it, we offer a 100% money back guarantee, but don’t try and arbitrage that ?
“The Chinese use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger — but recognize the opportunity.” ? John F. Kennedy
Article by Capitalist Exploits