Happy New Year…Let's Keep it Simple in 2010

Life is difficult.

That’s how ‘The Road Less Travelled ‘ starts out and that is pretty much the whole story.

I accepted the ‘Life is Difficult’ mantra in 2002. It just works for me. I never made it very far in that book but I never liked books.

Today, if someone asks me how I am doing I say ‘Great. Thanks…You! It used to be if someone asked me that question I thought they really wanted to know and I would lead with my bullshit. I was a complete asshat . I am less asshattish in 2009.

The year 2010 could easily be great for you financially. Just look at the top 50 stocks of 2009 . I don’t own any of them at a quick glance, but neither did Warren Buffet, Bill Gates or John Paulson . More importantly, they are so wealthy that they have to buy railroads and Russia and gold in massive quantities just to move the needle. Yawn! That’s grown up Monopoly and Risk and I would rather play those games with my children (for short bursts :) ).

It does not really pay us regular folks to be negative. As my friend (I think) ‘The Fly says ‘Dumb Money can make Smart Profits ‘. This is pretty poetic stuff about Wall Street:

Throughout 2009, people without market savvy made fortunes, getting long names, without thinking about the downside. The bravest money is always the newest. There is a reason why Wall Street employs young people, while kicking old fuckers into empty elevator shafts. For the most part, young people are not scorned— damaged by prior bear markets or really bad trades. If you are old and lost money in 2009, do not feel bad. You were supposed to lose money, because God hates old people, which is why he kills them with great regularity.

That’s gold.

Let’s laugh and kick some ass in 2010.

24 comments

  1. Dave Pinsen says:

    All I can say after reading this post and the previous one is that I can’t wait to find out whether you decide to include you-know-what in your store next month. I am psyched to find out either way.

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  3. All I can say after reading this post and the previous one is that I can't wait to find out whether you decide to include you-know-what in your store next month. I am psyched to find out either way.

  4. Anonymous says:

    To Howard and all the StockTwits community: Happy and Prosperous New Year.

    Let’s all plan to meet for the “Wall Street II” opening in NYC on 4/23/10.

  5. Anonymous says:

    Howard,
    Happy New Year to you and yours!!!

    Been monitoring this site since Feb. of this year. I have traded/invested since 1974 so I am no “spring chicken”… Just want to thank all on this site for their thoughts and ideas as it has helped me become a much more successful trader. I am retired, not old enough for social security, no pension, yet I make a nice income from trading.

    The young traders on this site amaze me who foolhardely trade the penny stocks and will in all probability lose their investment.

    Thanks Again!!! Tom

  6. Mark Essel says:

    Happy New Year Howie!
    While I didn’t buy any stocks in ’09, I’ll change that by ’11. Keep going strong, I want a full real time cyborg API by then with your collective brains hard wired to the pulse of the market.

    Or a coffee.

  7. howardlindzon says:

    i know this is not you since you hate disqus. nice try. next you will serve me at my board meeting .

  8. ZenProfit says:

    To Howard and all the StockTwits community: Happy and Prosperous New Year.

    Let's all plan to meet for the “Wall Street II” opening in NYC on 4/23/10.

  9. tbird2252 says:

    Howard,
    Happy New Year to you and yours!!!

    Been monitoring this site since Feb. of this year. I have traded/invested since 1974 so I am no “spring chicken”… Just want to thank all on this site for their thoughts and ideas as it has helped me become a much more successful trader. I am retired, not old enough for social security, no pension, yet I make a nice income from trading.

    The young traders on this site amaze me who foolhardely trade the penny stocks and will in all probability lose their investment.

    Thanks Again!!! Tom

  10. Mark Essel says:

    Happy New Year Howie!
    While I didn't buy any stocks in '09, I'll change that by '11. Keep going strong, I want a full real time cyborg API by then with your collective brains hard wired to the pulse of the market.

    Or a coffee.

  11. Guest says:

    Happy New Year to you too, Howard!

    I’m really pumped for 2010 – big things in store for the new year, I think. The past year’s been an amazing run for Stocktwits and I’m sure there’s a lot more to come, hats off to you and the rest of the team.

  12. sayemislam says:

    Happy New Year to you too, Howard!

    I'm really pumped for 2010 – big things in store for the new year, I think. The past year's been an amazing run for Stocktwits and I'm sure there's a lot more to come, hats off to you and the rest of the team.

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