
Originally Posted by
abrown83
This was my weekend...
"Son, your new trading strategy is dog shit!"
My dad was one of the greats. Managed a 5 star growth mutual fund, managed between 11 and 12 figures of assets, taught me the fundamentals. Really believes in long-term investing, picking 15-20 sectors, selecting the best company in each sector and you will kill the market. Jumped out of the game in his late 40s, when his brother and best-friend each died inside of 12 months of one another and just said, "fuck it" and retired.
So while visiting him in his winter retreat this weekend, I laid out my new strategy...6 tickers, using options that expire quickly.
On Monday he started working it out on the golf course, by Tuesday morning when I left to fly home he told me, “he didn’t hate it anymore.” I feel like that’s a ringing endorsement if I ever have heard one!