trades

In addition, Rogers went on to say he was long the U.S. dollar. “The only reason I’m long…is because everybody in the world, including me, has been terribly pessimistic. And whenever that happens you should take the other side of the trade. So I’m long the U.S. dollar, I have no confidence in it, its going to be a disaster, but as we speak I own probably more U.S. dollars then I’ve owned in years, and certainly more than any other currency.” [CNBC]

“Omaha, 1949. I was 19 and as a late developer, yet to dip Little Warren in something sweet. Flush with cash from a summer job, my friends blindfolded me and threw me in the back of a pick-up, then dropped me off in front of the Milner family farm, which Mr. Milner had turned into an after-hours brothel earlier that year (his daughters, the milkmaids by day, also served as the “milk”-maids by night, if you catch my drift). Well I just got so excited to get my teats suckled, Becky, that I started pulling money out of my pockets and handing it to one of the girls and before I knew it we were up in the rafters, hay and whatnot flying everywhere, the whole barn is shaking, the chickens are going nuts and it wasn’t until later I found out for the price I paid I could’ve had all three of ‘em and gotten the reverse double fisted butter churn. To this day, never again have I mispriced vaginal assets.” Continue reading »