4min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#33: Bill Fleckenstein On Profiting From Central Bank Mistakes

Superinvestors and the Art of Worldly Wisdom

CHAPTER

How to Make Money on the Short Side

I like your point of watching the speculative favorites because we saw an incredible euphoric blow off in, you know, I mean, it was like 50% more call buying than we've ever seen in history. And that's kind of what I'm kind of looking for but even there I don't know how the problem is to really make money on the short side You got to be willing to have some serious exposure. So then in the case of the average investor then you know who's who's maybe got some kind of mixture of stocks and bonds probably no gold or very little. It's almost foolhardy given what they're doing to not have some exposure to precious metals.

00:00
Speaker 1
But more brilliant to O'Savior is the one approaching. Before the star proclaimed to the Magi, now the Father shows you to the world. So in a homily that a priest gave here at the monastery recently, he was talking about this about what happens at the Feast of the Nativity versus what happens in the in the Feast of Theophany. And he says, he said, you know, at the Feast of the Nativity. We're invited into the Holy family. We're invited into the participation of this family of Mary and Joseph and Jesus and that's this beautiful invitation. But at theophany, we're invited into the family of the Trinity, which is really what the Holy family is directing us towards. These familial relationships are meant to be an icon of the Trinity. And so at the Theophany of the baptism of our Lord, we hear the Father's voice. We see the spirit descend in the form of a dove and we see the son, the second person, the Trinity baptized in the Jordan. And so we're invited into this Trinitarian relationship. We're invited into this relationship. On Theophany Eve, which is when we have that great water blessing, we hear this beautiful prayer earlier in the day. The Lord spoke these words to John. Now what you're about to hear is not directly from scripture. It's not the literal words that we know Jesus spoke to John, but this is what what fathers of the church, what hominographers have have prayerfully written to compose the prayers of our our liturgical services. The Lord spoke these words to John. Come and baptize me, your Creator, O Prophet, for I enlighten and purify all people by grace. Place your hand on my head and do not doubt. O Prophet, allow it to be this way for now. For I have come to fulfill all justice. Cast away all your doubt, for I hasten to put to death the Prince of darkness, the enemy who hides in the waters, so that I may release from the world from his hold and grant eternal life in my love for all. I just I love the fervor with which the Lord speaks in these in these words that that have been prayerfully written. And I love this theme of light. Part of what I love so much about about the Feast of Theophany and about also about the epistle, the first epistle of St.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode