More Dunks Than Dwight Howard

Everyone continues to be bearish and the markets continue to go up...

I wrote a piece on Friday that was a bit more philosophical in nature. It wasn’t very well received, but I hope you guys took the message as it was intended.

Lately, we have been doing well while I repeatedly watch the sharpest guys around me out-trade themselves with hedges and puts etc. Eventually, these guys are going to be right with the hedges, and…