Bernanke assaults the dollar

[stonegossard]

Originally Posted by The Indomitable DrugS

I'm giving up on doing all handicapping work after Wood Memorial/SA Derby day which is April 4th.

I'm basically laying myself off of the only job I've ever had - betting on horses. I've closed all but one account.

I'm sure as hell not going to be all-in with the US dollar anymore. I've started taking a good deal of my cash and moving it into a mix of other investments for now. I've benefited some from this economic mess while a lot of people have got hit - and now I'm getting out before I get decimated. Holding all cash was a never a strategy either - I benifted incidentally because of the major emotional stabilizer a big cash bankroll is to a horse bettor.

I'm totally changing direction with my life mostly because of how disgusted I am with what I see as how other people take advantage of a perverted system while I get all the worst of it.

People value stuff like security and social life. I have zero security - and am in front of a tv or computer at least 12 hours a day - 7 days a week - most of the year. Tedious, hard, and socially suicidal work.

People spend money they don't have, buy stuff they can't afford, American way don't ya know? I'm swimming in cash - and cutting coupons, eating cheap food, run down totally slummy appt just off of 26th street, and in a junker without insurance.

I don't believe anyone could ever do what I have for as long as I have. The combo of tremendous luck and good fortune years ago, tremendous hard work, tremendous skill, tremendous disregard for security, and tremendous cheap ass tight waddedness has allowed me to do what is close to impossible. It's not like I had a big starting bankroll. It's not like I have some fancy formal education to fall back on either in case I bustout. Or some inheritance or future trust fund. I've never had my bankroll supplamented by working as a jocks agent or for a track - I have got paid by a local paper and was a teller for a short time many years ago - but thats it. Have won a few handicapping contests & got put up nice by another bettor for a big P6 I picked for him - but it's come real hard.

Once I stop doing the work - I'm going to have an insane amount of free time. Maybe I can find clever and devious ways to run circles around the system and get rich like a good little businessman. If not, so what. I'd feel like I was real lucky and happy and doing what I most want to be doing - but I hate being forced into the dead 10 path the whole way while most everyone else gets to run wild on a paved rail.

I give this post 9 diapers (out of 10).

[stonegossard]

Originally Posted by DaHoss9698

Only 9?

There has only been one 10 diaper award ever given. While this was close, not quite there.