Financial Psalm 11
1 In FANG we take refuge.
How then can one say to investors:
“Flee like a rat on a sinking ship?"
2 For look, the Pessimists bend their bows;
And Shorts set their arrows against the strings
to shoot from the shadows
at the heart of the momentumous(1) uptrend.
How then can one say to investors:
“Flee like a rat on a sinking ship?"
2 For look, the Pessimists bend their bows;
And Shorts set their arrows against the strings
to shoot from the shadows
at the heart of the momentumous(1) uptrend.
3 When the foundations are being shaken,
and all the Lord's investment styles fail,
what can righteous investors do?”
what can righteous investors do?”
4 FANG is in the holy temple;
FANG sits on the heavenly throne.
FANG observes everyone on earth;
their algorithms and adware examine them.
FANG sits on the heavenly throne.
FANG observes everyone on earth;
their algorithms and adware examine them.
And there are no others who compare.
5 FANG examines the righteous,
but for those who are short or who love privacy,
5 FANG examines the righteous,
but for those who are short or who love privacy,
FANG hates them with a passion.
6 On the wicked doubters, FANG will rally,
burning their portfolios and relative performance;
and redemption of the wrong kind will be their lot.
6 On the wicked doubters, FANG will rally,
burning their portfolios and relative performance;
and redemption of the wrong kind will be their lot.
7 For FANG is righteous and holy, and you will not be
cast from the Garden of Affluence for following.
FANG loves monopoly; and dominion over all,
and the upright will share their growth.
FANG loves monopoly; and dominion over all,
and the upright will share their growth.
1 - momentumous is the archaic biblical reference for momentum
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3 comments:
Beautifully balanced sarcasm, leaving those of us seeking portfolio advice from the great Cassandra swaying with indecision.
Sting did not have this in mind, when he wrote its songtext:
Every breath you take
And every move you make
Every bond you break,
every step you take
I'll be watching you
Every single day
And every word you say
Every game you play,
every night you stay
I'll be watching you
(Google)
Think of it as a hedge in case your uber-cyber-connected life doesn't yield all the wonderful things you hope it will.
More fundementally I agree more with Jaron Lanier's concept of the 'Siren Server' than the 'market-cap = awesome!' metric behind the 'FANG' acronym; i.e. on any computer network the fastest and largest nodes always 'win'. Always. Such is there nature of any game/economy/system based on dynamic, networked information.
You surrender more and more monetizable information about your life in return for fake ownership and fake free.
But Amazon is a bigger deal than Netflix in this regard (and they actually sell stuff)so I'd go with 'FAAG' or 'FAAA' (Alphabet) if you prefer.
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