Trafalgar Partners LLC

Have a nice day

Never underestimate the power of Options in a portfolio. Last Summer we began using Call options with our main derivative investments and saw our returns shoot up. Going back to our original positions in 2016, the fund is up 1,274%.

Modeling the investment using options took about a year, especially the entry points. It has certainly worked out...

Over the past 20 years, since the dotcom bubble implosion in 2000, income disparity has grown dramatically, with the Top 1% of the country holding a greater share of the wealth. Much has been talked about to try and sort the matter out. Since the Financial Crisis with its initial spike in unemployment, employment opportunities had improved and for people of color we saw as of February the lowest unemployment ever for Blacks, Hispanics and Latinos.

The effect of the Greatest Policy Error Ever, the forced shut down of the country, has reversed those gains in their entirety. Unemployment, defined as not only those who have lost their job and are seeking employment, but those who have lost their job and have stopped looking (and there is a statistical difference in measurement and reporting) is close to 21.6%.

The country is in a Depression, caused by and now attempting to be mitigated by the government. Particular parts of the equity market, those firms that are benefiting by the virus are skyrocketing in value which is great if you run a hedge fund.

But the disaster for those at the bottom of the economic pyramid is just getting started. The class warfare has just begun and those that supported the Shutdown, this lays at your feet.