Editor: Draco Copper | Tactical Investor
We discovered that our readers loved the concept of us posting excerpts to other interesting articles. In keeping with that theme, we think you will find the following article to be of interest. We cover a wide array of topics as in today’s world of finance everything is interrelated. Crowd Psychology states that if you focus on only one topic it’s like looking at the tree only and forgetting that it’s part of the forest.
No one can claim to have mastered the markets fully and anyone that does lay claim to such a title should be avoided like the plague. For example, after QE all the rules changed and many time-tested indicators simply ceased to work because the operating environment had changed forever. The markets were suddenly hit with a force that they had never been hit with before. A fed that was determined to destroy any shred of free market forces left in the market. This surprised everyone, and it even caught us off guard initially. Many so-called experts refuse to accept that they made a mistake or could be wrong. Bull Markets Vs Bear Markets & Arrogance
A decade after the prostitution scandal that brought his time as New York governor to an abrupt end (were we ever so young?) and a couple of years after he was accused of assault, Eliot Spitzer appears to be back and as classy as ever. Businessman Jamie Antolini tells the New York Post that Spitzer threatened to stab him in the penis when an argument between the two escalated.
Antolini says Spitzer fell for the provocation then “leaned into me, got right in my face, screaming — yelling — ‘I don’t know who the f–k you think you are! I’ll f–king have you killed!’” Spitzer then reportedly walked away only to return to scream, “I’ll get a f–king knife and stab you right in your f–king c–k!”
A spokesperson for Spitzer told the Post that he was out celebrating his mother’s 90th birthday and while “an argument ensued … at no time did he make any threats.” Especially not the very specific one about stabbing a stranger in an extremely painful and private place. Full Story
Disgraced former Gov. Eliot Spitzer threatened to knife a patron in the privates at a posh Midtown eatery for praising his longtime foe, philanthropist Kenneth Langone, according to the allegedly aggrieved diner.
Jamie Antolini said he was with potential business partners at Avra Madison Estiatorio on E. 60th St, near 5th Ave, when he spied Spitzer, who resigned as governor in 2008 after he was outed as the high-priced prostitution patron “Client 9.”
“Spitzer lost his mind,” Antolini told the Daily News.
“I’m going to f–king stab you with a f–king knife in the c–k,” the 48-year-old recalled Spitzer spewing during the Jan. 2 flap.
Spitzer was walking by Antolini’s table when he heard the diner lauding Langone — the billionaire who helped launch Home Depot — as an “amazing guy,” Antolini said.
“All I said was, ‘Ken Langone would have been the best President ever,'” Antolini recalled.
He didn’t dare turn to look at Spitzer as the heated spat dragged on for 20 minutes, in Antolini’s account. Security eventually escorted Spitzer out of the upscale Greek restaurant, he said.
“I never left my seat. When the video tapes come out, it will show I sat in my chair with a glass of wine in my hand,” said Antolini. Full Story
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2017
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