We’re Number 10!

• Posted by Adam Warner
• on September 30th, 2009

If you were kind enough to pre-order my book, it should arrive on your doorstep any day now. AMZN actually flashed “in stock” yesterday.

OK, they said they had 5 in stock, and they sold out in minutes demonstrating the Power of Twitter Suggestion. Now it says in stock on October 2nd, but publication date of October 19th.

I also rose in the polls to 10th in Finance and Investing!

How ’bout them apples, Jim Rogers (number 13 and number 18?

What say you, George Soros (number 23 and number 37)?

Where’s your moustache now, Bill Gross (OK, not actually on the list, but that other Pimco guy can talk his book via an actual book at number 1)?

Anyway, as here’s a “bonus cut”. They wouldn’t let me add this picture above in my section on Stock Repair. So if you’re reading and wonder wtf I am refering to when I note.

This isn’t an official strategy. Much like a collar provides a play around a winning position, stock repair seeks to fix a sunken stock in your portfolio. And to me, it’s a play that makes less sense than taking a cell phone call while walking next to Jessica Alba.

I don’t really have anything against stock repair, besides the name. It involves buying a 1:2 call spread on a sunken stock you already own. You do well and flatten out if the stock rallies back through the calls you shorted. But it doesn’t at all protect you against further declnes, save the small potential premium you maybe took in on the 1:2 spread.

 

 

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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