In the future (past), society began to re-asses the utility of being online. The internet (as we know it) develops in a series of cycles. In time, we learn that during certain cycles, it becomes more valuable to utilize the internet to hide oneself as opposed to promote oneself (inversion).
-Mister Volatility

After a conference call with my assistant, Tonya, I am still uncertain if I own any preferred shares of Twitter. Trading public markets is like venture capital with one caveat—timeframe. Venture investors trade over periods of years. Mister Volatility (that’s me) invests in ventures himself and has, from time to time, lent money to VC firms to participate in their arbitrage. Private equity is a longer timeframe trade. In public market trading there is sufficient liquidity on smaller timeframes (scales), down to the millisecond. These micro scales present results to the exponential–so I must build models to trade them. The liquidity cycle of Venture Capital is much longer. Given the variance in timeframes my investment focus is dual: Private equity on in the longer frame and public (liquid) markets on the shorter.

I do not own any direct shares of Twitter—but it is possible that I own some through a fund. The reason Tonya doesn’t know is because she doesn’t know everything about me. If there is one imperative I can impart about assistants, even the great ones, it is this: keep some secrets.

Anyway, what I am saying is that I want to buy shares of Twitter, even if I already own some. If I already have some, I’d like more. I understand there are shares for sale at Sharepost.com, and I instructed Tonya to take care of it. Unfortunately, she said the website will not accept my registration because The Tinker Factory does not release it’s physical addresses, and an address is required. Therefore, if anyone is interested in selling me shares, please come by the office sooner rather than later. I am an internet analyst after all, and my analysis reveals that the market cap of Twitter will surpass that of Google. In fact, it will be the second largest company in the world (as measured by market cap). We will talk about the first largest company in the world later, but I’ll give you a hint: think automated distribution and green energy. (But don’t limit yourself to the typical definition of clean and efficient power. Might not “green energy” refer to banking–some money is green and banking is about moving money, which requires energy!)

Perhaps someone will be in touch soon to sell me some shares. No matter, I am going to build some companies over the next couple of weeks that I’ll sell to Twitter for stock as opposed to cash.

And the beat goes on.

I was long gold last year. Recently, I noted the yellow metal in a range. Now, I am a raging bull on gold. The new high in gold is akin to the new high internet stocks–EBAY, YHOO, AMZN, et.al. circa 1997.

In the years to come someone will ask me, “what about 2009-2019, what was the hot market then?”

To which I will reply, “Yes. The decade where all that glittered was gold.”

It was just like the 70’s.

And the beat goes on.

Trader Art - Gold - Oil on canvas surrounded by silver frame

I spent Halloween with my client, Pinky Megiston. Pinky is a very famous actress and I consult with her on security issues, both physical and cyber. Beyond all her security gates—to which I know the passwords—I arrived at her front door with a bouquet of orange flowers. I always knock first. If my arrival is anticipated, she is near the door and can hear the knock. If she could care less of my arrival, she’ll be upstairs and away. That’s when I have to ring the doorbell.

By the mere fact that I was ringing the doorbell, I knew Pinky was annoyed with me. It always pays to know your clients—and I know Ms. Megiston extremely well.

The flowers were a good start; Pinky’s cheerleader costume was a nice progression. But then things took a turn south all of the sudden.

“What are you dressed as?” she asked.

“An actor on his way to an audition but who is stopping by the gym to work out first,” I jived.

“You don’t look like an actor. You look like a dork.”

“Actors aren’t supposed to look like actors; they’re supposed to look like the character they are playing.”

“So you’re a dork.”

“No, I’m an actor.”

“One day you’re an actor, the next day you’re a rapper,” she said. “You know I don’t be datin’ rappers.”

“I got my SAG card, Baby, I’m an actor.” I quoted like I was Common.

She turned around and laughed, and we ended up at a haunted mansion, where we turned out the lights, on our Halloween story.

Halloween

Great GDP analysis:

Steve Liesman:

David Rosenberg: