Guest Post: What to Do During a Market Correction
Posted October 10, 2014 by Joshua M Brown
We have a guest post today from my friend Alex Tarhini , who is an impossible combination of clever and handsome and still single, ladies.
I found myself nodding my head reading this…
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What to Do During a Market Correction
Hedge Fund Managers:
1. Let clients know that you saw this coming and that of course you are hedged
2. Yell at the nearest trader to f*cking hedge the book
Stock Brokers:
1. Call everyone on your CRM that you have ever told to short a stock
2. Avoid calls from the clients who you told to buy stocks last week
Financial Journalists:
1. Over analyze anything that can be spun as a reason for the market to sell off
2. Deadly viruses typically work here
Dentist / part-time e-traders:
1. Panic into complex option positions that your wife will never understand
2. Yell at your kids about your damn theta burn
Financial Advisors:
1. As a fiduciary, it is your responsibility use this time to sell the most active, high-fee funds you can get your hands on.
2. Remind Mrs. Jones, you don’t know where the next 20% move is, but you do know where the next 100% move is.
Economists:
1. Go on CNBC and make it clear that you are right about something
2. Tell yourself how awesome you are
Day Traders
1. Remember the “good years” when the VIX was at 90 and the economy was collapsing
2. Realize that isn’t happening and that HFT just scalped you again and you have no idea why you’re still doing this
Newsletter Authors:
1. Email blast that bearish note you wrote in July of 2013
2. Write a “what to do now” email behind a paywall with a 15% discount, type “bear” in promotion box.
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LOL, thanks Alex!
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Let your clients know you saw this coming and that your are hedged http://t.co/fDEDFoYGnp via @reformedbroker
MT @ReformedBroker Guest Post: What to Do During a Stock Market Correction http://t.co/1U7mlvMIiO
“Guest Post: What to Do During a Market Correction” good read http://t.co/gdrWBFLYlo
RT @ReformedBroker: Guest Post: What to Do During a Market Correction
http://t.co/8WfTDmG7tj by @alextarhini_
wht to do during market correction
http://t.co/Sh1FsJbEi6
Guest Post: What to Do During a Market Correction by @ReformedBroker http://t.co/xsRYF8sexO via @alextarhini_
Guest Post: What to Do During a Market Correction by @ReformedBroker http://t.co/hmnQ6FkEAk
Guest Post: What to Do During a Market Correction by @ReformedBroker http://t.co/KHgEJp2tz4
RT @ReformedBroker: Guest Post: What to Do During a Market Correction http://t.co/YbRv55O9ay
RT @awealthofcs: This is hilarious because it’s true: What different investors do during a market correction http://t.co/IynWA6tZDl via @al…
LOL “What to Do During a Market Correction” http://t.co/7y37QXrHri HT @ReformedBroker
RT @IronMG: LOL “What to Do During a Market Correction” http://t.co/7y37QXrHri HT @ReformedBroker
Čo robiť počas korekcie na trhoch. Skutočne užitočné 🙂 http://t.co/5ljxvtGdCE
Hilarious and spot on. “@alextarhini_: if you’re confused, here is a guide for what to do during market corrections http://t.co/XX9HeTrAfn”
RT @AriWald: Hilarious and spot on. “@alextarhini_: if you’re confused, here is a guide for what to do during market corrections http://t.c…