DEANPARISIAN.COM : The Shit Show called ObamaCare

Monday, October 21, 2013

The Shit Show called ObamaCare

Finally, every American can have access to affordable healthcare!

No longer will we be forced take a physical, or be limited by pre-existing conditions.

We will all share in each other's risk! Welcome to the nationwide risk pool!

It is only fair.

As Milton Freidman once said; "If the government were in charge of the Sahara, within 5 years there'd be no sand."

REGISTERED INVESTMENT ADVISOR

At Chippewa Partners our investment strategies are designed for serious money. As a fiduciary firm, we champion the cause of the client. Our commitment in providing unbiased investment advice is paramount and like you, our plans, hopes and dreams inspire us every day.

We are grateful for the privilege to serve.

Our founder, Dean Parisian, has traded in the markets for over 35 years but hasn't forgotten his roots growing up on reservations across remote parts of America.

As a fiercely independent firm we do our homework every day for private clients across North America. We are in the game and in the game to win. We are about doing the right things, the right way, for the right reasons for clients who don't have the time, talent or training to manage their retirement assets.

Nothing contained within this web site should be interpreted as a recommendation to purchase, sell or hold any security at any time.

Do not buy or sell securities discussed by Dean Parisian. Do nothing.

Making investment decisions based on information published on this blog, or any internet site, is more than unwise, it is folly. Always consult an investment advisor, preferably a fiduciary and not a broker with a commission-based agenda, who is familiar with your situation before making investment transactions.

Comments from the bleachers should be directed to Dean Parisian at his email account: chippewapartners (at) gmail dot com. Please use the comments feature to demonstrate your ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, you are welcome to kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Growing up on a horse in the West, keep in mind this isn't my first rodeo. I have thick skin and know how to cowboy up. I don't have a need to value myself by what others have said about me. Never forget, truth is like poetry and most people hate poetry. My natural state is of an outsider and am good at sizing up Wall Street types, corporate brown-nosers, political hacks and bullshitters who permeate our rigged financial system.

Chippewa Partners is a Registered Investment Adviser that provides investment management services to a select group of clients. Chippewa Partners has a fiduciary obligation to its clients; not to the readers of this blog.

We do not provide investing advice on this site.

Chippewa Partners, Native American Advisors, Inc. and its principals, employees and affiliates, may hold positions in securities discussed herein and may trade them differently and contrary to the information and discussion provided on this web site. We buy or sell securities at any time and for any reason.

The accuracy, completeness or timeliness of information posted on this blog is not guaranteed. There are no guarantees in life besides government infringement, taxation, EBITDA lies and society's total abdication of personal responsibility. There may be delays, omissions, or inaccuracies in this blog. Do not rely on statements from this site. As well, do not believe that stock exchanges in the United States are fair markets. They are rigged by quote stuffing, flash trading, packet churning, layering, sub-pennying, dark pool arbitrage and NBBO and Reg NMS exemptions. High frequency trading helps the markets like a mugger helps carry your wallet. Perhaps if America weren't so low in terms of education compared to the rest of the world and if United States citizens weren't involved with social media and reality shows they might give a rats ass about the greatest bank robbery in the history of the world; of how the US Federal Reserve bank allows a cheesy unsustainable shell game, managed by Harvard-educated bureaucratic bullshit artists and backed with taxpayer guarantees.

The information presented on this site is general information and should not be considered investment advice. In addition, the advice provided to clients of Chippewa Partners has been and could be materially different from the information discussed on this site.

The farce of "full disclosure" is totally unnecessary. Substituting appearances for skepticism only makes sense if you concede the argument that opinion ought to be actionable and that appearances color facts. That is, that Dean Parisian telling you crude oil is cheap and going long or short seems to make sense, somehow makes him responsible, if you without taking the time to avail yourself of any other data, lose your ass on crude. It is that kind of thinking that makes people sue because, though they spent less time on their investments than planning a vacation or buying a wide screen TV, they didn't get the mythical, historical 10% market return on their portfolio.

Chippewa Partners has been around a long time and gears to educate the connection between skepticism and personal responsibility in matters financial. We have no intention of enabling the sort of thinking that facilitates the widespread fleecing of the country by ratings agencies, the Fed or lying CEO's. In other words, we have no intention of treating you like "dumb money". Skeptical market participants have no need of "full disclosure" disclosures that purport to purge an investment manager of some sort of original sin. In the first place, no disclosure is ever "full". Secondly, one does not suddenly acquire the literary prowess of Hemingway or the logical mastery of Aristotle simply by revealing that at some time in the last decade an employee may have bedded an underling of the CEO of the ABC Corporation or the administrative assistant at the XYZ Corporation.

We think talking about investing and investments is, in every case, a good thing and should be encouraged at every turn. Even idiots should talk about investments. It makes it much easier to identify and deal with them. I often have compared successful trading to getting pregnant. Everyone congratulates you on being pregnant and being successful and making money in the stock market. They never want to understand how long it took, methodology, position-sizing, handling losses and more importantly, how many times one got screwed first. There are a million ways to lose money in the market and I've experienced nearly every way. It's the best way to learn, but expensive training. Regulators aren't out to protect investors and algo's and bots will never hear you whine.

At Chippewa Partners you should always assume that at all times we are talking our book and that you should be in shock and awe of our positions, something akin to the unexpected, early-morning arrival of a cluster of BGM-109C Tomahawk missiles. If we happen to make an off-hand remark about New Zealand sheepherders it is because we are long New Zealand South Island Wool futures and Kiwi Brand condoms. If Dean Parisian mentions Joe Sixpack it is because he is trying to hype our American beer holdings so we can exit quickly. Basically, we are telling you about a position we believe in strongly enough to invest in with our own money. Real money, not option grants that cost CEO's zero dollars.

Critical readers of this blog should read posts with the blanket assumption that Dean Parisian is totally "conflicted". Phrased more logically, that Dean Parisian stands to benefit financially from being right! This turns the conversation to the content and away from Dean Parisian, his biography and the content of his portfolio holdings. The content is of course where the focus should be.

Readers should remember this analogy and keep in mind that you don't test the safety of a safe under ideal conditions and call it good. You test it with all the advantages to the burglar. And then you let the burglar cheat. If it remains closed, then and only then is it secure.

Chippewa Partners. Knowing what to do. Prepared to do it.

Monday, October 21, 2013

The Shit Show called ObamaCare

Native American Advisors CHIPPEWA PARTNERS