During the last couple of days I'vv had a few messages with kind comments. Perhaps I should explain myself a trifle better than I did.
As I reflect I recall a comment made to me by my favorite boss as he was preparing to retire:
a loose paraphrase was 'after a certain age one's experience and judgement no longer serve to guide other younger people. When that happens it is time to go.'
I have been posting on TMC for a bit more than six years. During that time I have advocated the same positions in slightly different ways, but the basic ideas have not changed. I have been acutely aware of repeating myself.
One of my young colleagues mentioned that "...for an old guy you're surprisingly well informed." (Translated from the Portuguese). She intended it as a compliment, perhaps. Still, I make many typos, itself not a mark of vibrance and good habits. Then I realize I persist in repeating the same stories. I justify that because the people who gave us 2008 are ones who very nearly brought on global depression, narrowly averted by good luck rather than good judgement. I keep thinking if younger people would understand that and other such lessons they would be better investors. if my assertion was valid the oldsters would have learned also, but we all know they haven't. A recent stay on Hank Paulson's island reminded me that there is no plausible assertion that there is any causal relation to be had between cause and effect in 2008 or any other year.
With those thoughts I realized I should stop now, not because of rancor, but because I am repeating myself.
So, I know those positions are valid. I know nearly all retail 'investors' using margin, puts, cals and other such instruments will eventually lose. The house wins, if anybody does. That is the last time I will post such positions simply to stop repeating myself.
I will not depart TMC nor will I stop reading pertinent parts of these threads, and continue rating posts, but not with words. I will refrain from posting in this thread.