Parisian Family Office, CEO. Began Wall Street, 82. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative, raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Monday, January 29, 2024

Probaby where we are at today....................

Well put.   Worth your time to read if you invest in stocks. 

And this too shall pass when it's least expected!

The week got off to a great start.  January is not going out with a whimper.

It's a leap year.

Beware the Ides of March!

It was a good day on the turret.  Raised some cash last week, sold off several positions, and trimmed by half some other positions.  Today, sold call options on some long-term holdings that are well out of the money.  Free money, who knows but every little bit always added up.  I have been a call option seller since 1983.  The last long call option I have ever bought was on the original breakup of ATT shares when I worked at Kidder, Peabody & Co., Inc.  Haven't bought a long call option since but have sold literally thousands upon thousands of call options since.  Grinder, sure.  Time is a wasting asset on a long call, I will always play the part of the house for my take.  SOFI turned in some good numbers today and helped the Parisian Family Office.

Thank you SOFI!

I didn't make it in the ocean today but there is enough lightning and rain in Los Cabos today to get my attention and stay out of the water.







 

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