The Beard Indicator…It’s Long in the Chin…but I Hope Jesse trips on his!

One of our great friends on Stocktwits – and smart hedgie – Jesse Felder has taken some family risk with his call for the next stock market correction.

At first I thought he was just being cool. With dollar shave club, even on the wrong side of the markets, shaving is cheap.

He might have thought it was a fun way to get exposure….and it worked!

He’s been a tad early. About 8 months and counting.

The cost:

10% beard update: 8 months and counting

— Jesse Felder (@jessefelder) May. 24 at 10:29 AM

Jesse’s wife digs the beard but hopes he has kept their long positions. I would be willing to speculate his beard is closer to coming off than getting down to his nipples.

Stay tuned.

Stocktwits will be flying Jesse down to Coronado for the eventual shave off and a round of golf with me at SDCC.

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