Alstry's Gift to CAPS
I came here a year ago warning you what was going to happen in housing, banking, municipalities, pension funds, ect..... I blogged day after day supporting my projections with facts from respected third party sources in practically every blog. I blogged at no charge and took lots of abuse because most of you were too blind to see reality. As far as being a perma bear...that is the furthest thing from the truth.....I have been directly responsible for making me and my friends millions and millions of dollars by investing long......and have little doubt I will do so again in the not too distant future.
But because of your inability to separate emotion from reality, many of you preferred losing you own money rather than just looking at the facts I, and a few other CAPs players were posting. Quite frankly, I really don't care one way or the other whether you make or lose money. It really has no impact on my life or those I care about. I must say, for those of you that have thanked me for maybe positively influencing your personal situation, you don't know how good that makes me feel.
If you notice, I never brag how smart I am....if I did, I wouldn't be smart enough. And if you know the people I hang out with, most Harvard grads wouldn't be qualified to be their waterboys....and as far as that goes, niether am I. My bragging is strictly limited to my playing CAPs. In that, it keeps the playing field level for all.
In just one year, I have scored more points than anyother player and have a higher average score per pick than any top ten player with a diversified portfolio. My picks, albeit different weightings, address practically every sector with approaching 300 picks for the year. Believe it or not, Alstry outperformed every diversified mutual fund in America and the only place you could see it in real time was CAPs.
What most of you still don't get is Alstry, Alstrynomics, and the Insitute. Alstry is the greatest financial gift anyone could have ever given you in 2008....and many of you guys simply get angry because you don't like the wrapping paper. Pretty fricken amazing.
What if Alstry is really that good. What if he continued to blog and provide ideas with equal consistency as he did in the past. How much would that be worth to you?????? I have little doubt that I have months where I have lost more money than most of you have saved in a lifetime. Think about that for a second.
Instead, you get angry because Alstry calls out someone, who without invitation nor every a personal comment directed toward him, says his blog provides NO investment advice....and some of you call this person a gentleman. Clearly, you and I have a very different definition of the term. Further, not a single TMF blogger ever said his comment was out of line.
Trust me, I know I invite challenges. It attracts attention and that is exactly what I set out to do....If I was was going to effectively warn people....I had to separate myself from the rest of the pack early. Never once did I ever criticize anyone with a lessor score than mine and most of my challenges were generally smack type talk except for once which we don't need to rehash as that blog was summarily removed........
Some of you guys are absolutely incredible.....you think that if I was able to see the downturn somehow I won't be able to reverse course and go long......not only will I go long, I will go long with a vengence when the time is right........ and making money in that environment will be like taking candy from a candy store in an all you can eat shop for one price.
So stay pissed at Alstry.....he really doesn't give a damn. He gave you a gift that no one will ever likely give you again. There was no BS here....just the hard cold facts that most of you were too full of yourselves to see the truth....Remember, go look at the style of Alstry's blogging.....rarely did he present a conclusion without providing supporting facts.
Sure, complain about talking in the third person. Complain about the style of his presentation. Complain that he wasn't pretty enough for you....or maybe didn't dress right....wasn't popular enough.....didn't go to the right school.......possibly put in too many punctuation marks..........or his spelling or grammer was off a bit.
But in the end....Alstry delivered. He delivered the facts. He never quit. He delivered a portfolio that outperformed every diversified mutual fund in America. And he told you to go to cash when everyone else was too afraid to go against convention. He warned you about practically every crisis that is making headlines today.
So if you read this blog, and didn't heed the warnings after seeing fact after fact thrown in your face.....really the only person you should be mad at is yourself.
Remember my friends, as I have stated on a few occasions, when you are playing in a poker game, and you don't know who the patsy is.......you better get up and leave quick.
Folks.....Alstry's role is not about putting people down.....he is about waking them up......that was his gift to CAPs.....if you havn't awakened by now.......you will likely be asleep for a long long time.
And if you think I won't beat you to the game of going long when the time is right.......you have no idea who Alstry is...............