Jun

18

 One notes that all the baseball swings end at the opposite shoulder and usually with the opposite hand holding the bat. That's similar to the way the good one handed backhands are hit and one of the 10 lessons I learned about improving my weak backhand.

One thinks of the palindrome. He fired his kids in the summer of 2008 so he could bear the market down. He took on the Bank of England when he thought that the pound was too high. He often swings for the fences. Even his vulgar former partner liked to go for the fences when he had a profit for the year. The most intelligent thing I've ever read about the former soft commodity trader now a philanthropic fund of funds is that he likes when he's had a loss to ride it all the way up for a profit. There must be something to taking a full follow through to the opposite side that can be quantified in markets between and within.

Anatoly Veltman writes: 

The "rubber-band trade" logic went as follows:

1. When I first decided to buy, of course, I was rite, as I'm no fool
2. Mr. Market — as it always should — treated me harshly at first, as I'm often in too early
3. But that's where the key event took place: Market saw my back to the wall, barely holding on and unable to add — but Market was so desperate to buy RIGHT HERE, that it couldn't even wait a tiny bit (for me to throw in the towel and give itself an even better price). Now, that really proves my original idea.
4. Market keeps chasing her up, well past my original entry. That's my chance to turn the tables on Market: now I will front-run them, with little risk to be bullied myself


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