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I got a Tweet from Matt Miller, host of Bloomberg Rewind, yesterday.
Back in November I was a guest on his show.
I'm very upset with Matt Miller. He has completely changed my beloved prime time viewing habits, so much so that Comedy Central executives have checked in on me to see if everything was alright. Maybe it's a kiss of death for a beyond middle aged white guy to say that his show is "hip and happening," but it's really an enjoyable and educational hour to top off the day.
But to paraphrase Christopher Walken, "It needs more TheAcsMan."
Anyway, the day that I appeared happened to be the day when Green Mountain Coffee Roasters was getting hit in the after hours and went down about 40%. Idiot I am, I brought it up during the show, as an example of a company that I had owned. Not because it was a great stock, but because it had nice options premiums, due to all of that volatility, momentum and uncertainty.
Capitalists like to capitalize, but the other characteristics are precisely the things that I profess not to like, but in a Ted Haggard kind of way, fully embrace, sinner that I am.
I nursed shares back by a combination of buying new shares and exercising the strategy that I call "Having a Child to Save a Life", as well as selling puts. Again and again.