BBBY trade paid! But the portfolio still bleeds.... (Patreon)

Say it with me now- 

Unrealized losses are.....

NOT real. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist. They don't exist.

Fortunately the BBBY trade worked out. 

Unfortunately, it's basically the only thing that has been working out recently. 

However, I remain a staunch bull. I think if there was ever a time to be bullish, it's right now. 

If I'm sticking to my psychological guns, my assumption is that people are overestimating how terrible this recession is going to be, and thus pricing in the worst possible outcome. Isn't that how fear works? 

Isn't that why the Variance Risk Premium exists? 

Being that I made an entire fucking video about it, it would be disingenuous to be anything but bullish right now. 

I'll be a bull to the bitter end.