I took some losses this week. I’ve bought off some long run positions for earnings this week. I’ve raised money this week. It looks like capitulation on my finish, and I’m left with blood throughout my PNL for the fourth quarter of 2018. It’s been a attempting 12 months throughout for the Cajun. From including new companies to the portfolio, coping with an enormous household loss, to attempting to maintain up a monetary weblog, not to mention commerce.
At one level, I attempted to show in my keys to The Fly, saying I’ve been too busy, it’s not truthful to the readers. He refused to just accept them and stated issues will probably be higher in 2019 for me. I admire him for that.
My 12 months is just about wrapped up after this week. I’m off to New Orleans for a household Christmas occasion with all four of my siblings, and Mother & Dad. I’m nonetheless blessed to have all of them. My spouse not a lot. She misplaced the final individual near her just a few months in the past, her mom. And, it’s been a reasonably somber Vacation. We bought her home final week, and principally all of her belongings have been dispersed. It’s a tragic factor to see. If you’re gone, the whole lot materials is so meaningless.
One in all my greatest trades this 12 months was in $ROKU, principally using it from 30s to 60s. My final commerce in it, I principally rode all of it the way in which again down. Once more, giving me a meaningless feeling as we finish the 12 months.
I’m ending 2018 on a uncommon miserable be aware. However, relaxation guarantee to my readers of 13+ years, The Cajun will probably be again higher than ever in 2019.
As we enter a interval of elevated volatility, I encourage everybody to step up their self-discipline recreation. Be extra selective with shares, set extra stops, onerous stops. It’s all about Capital preservation, particularly when volatility picks up.
I’m off to drink a bunch of Eggnog, and can attempt to be Merry. We both fall into the abyss on Monday or backside on the again of this publish. I’ll depart you with the highest 20 ranked names inside Exodus as we head into Christmas ’18.