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MHFTR

The Passing of a Great Man

Diary, Newsletter

It was with a heavy heart that I boarded a plane for Los Angeles a few years ago to attend a funeral for Bob, the former scoutmaster of Boy Scout Troop 108.

The event brought a convocation of ex-scouts from up and down the West Coast and said much about our age.

Bob, 85, called me two weeks prior to tell me his CAT scan had just revealed advanced metastatic lung cancer. I said "Congratulations Bob, you just made your life span."

It was our last conversation.

He spent only a week in bed, and then was gone. As a samurai warrior might have said, it was a good death. Some thought it was the smoking that he quit 20 years before.

Others speculated that it was his close work with uranium during WWII. I chalked it up to a half century of breathing the air in Los Angeles.

Bob originally hailed from Bloomfield, New Jersey. After WWII, every East Coast college was jammed with returning vets on the GI Bill. So, he enrolled in a small, well-regarded engineering school in New Mexico in a remote place called Alamogordo.

His first job after graduation was testing V2 rockets newly captured from the Germans at the White Sands Missile Range. He graduated to design ignition systems for atomic bombs. A boom in defense spending during the 50s swept him up to the Greater Los Angeles area.

Scouts I last saw at age 13 or 14 were 60 at the time of the gathering, while the surviving dads were well into their 80s. Everyone was in great shape, those endless miles lugging heavy packs over High Sierra passes obviously yielding lifetime benefits.

Hybrid cars lined both sides of the street. A tagalong guest called out for a cigarette and a hush came over a crowd numbering more than 100.

Apparently, some things stuck. It was a real cycle of life weekend. While the elders spoke about blood pressure and golf handicaps, the next generation of scouts played in the backyard or picked lemons off a ripening tree.

Bob was the guy who taught me how to ski, cast for rainbow trout in mountain lakes, transmit Morse code, and survive in the wilderness. He used to scrawl schematic diagrams for simple radios and binary computers on a piece of paper, usually built around a single tube or transistor.

I would run off to Radio Shack to buy WWII surplus parts for pennies on the pound, and spend long nights attempting to decode impossibly fast Navy ship-to-ship transmissions. He was also the man who pinned an Eagle Scout badge on my uniform in front of beaming parents when I turned 15.

While in the neighborhood, I thought I would drive by the house in which I grew up, once a modest 1,800-square-foot ranch style home to a happy family of nine. I was horrified to find that it had been torn down, and the majestic maple tree that I planted 40 years ago had been removed.

In its place was a giant, 6,000-square-foot marble and granite monstrosity under construction for a wealthy family from China.

Profits from the enormous China-America trade have been pouring into my hometown from the Middle Kingdom for the past decade, and mine was one of the last houses to go.

When I was class president of the high school here, there were 3,000 white kids, and one Chinese. Today those numbers are reversed. Such is the price of globalization.

I guess you really can't go home again.

At the request of the family, I assisted in the liquidation of his investment portfolio. Bob had been an avid reader of the Diary of a Mad Hedge Fund Trader since its inception, and he had attended my Los Angeles lunches.

It seems he listened well. There was Apple (AAPL) in all its glory at a cost of $21. I laughed to myself. The master had become the student and the student had become the master.

Like I said, it was a real circle of life weekend.

 

Scoutmaster Bob

 

 

The Mad Hedge Fund Trader at Age 11 in 1963

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-11 01:06:062018-07-11 01:06:06The Passing of a Great Man
MHFTR

July 11, 2018

Tech Letter

Mad Hedge Technology Letter
July 11, 2018
Fiat Lux

Featured Trade:
(MASAYOSHI SON'S VISION TO TAKE OVER THE WORLD),
(SFTBY), (BABA), (NVDA)

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MHFTR

July 11, 2018 - Quote of the Day

Diary, Newsletter, Quote of the Day

"Outsourcing is quickly becoming mostly outdated as a business model," said former GE CEO, Jeffrey Immelt.

John Travolta

https://www.madhedgefundtrader.com/wp-content/uploads/2013/05/John-Travolta.jpg 287 316 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-11 01:05:272018-07-11 01:05:27July 11, 2018 - Quote of the Day
Mad Hedge Fund Trader

July 10, 2018 - MDT Alert (BAC)

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2018-07-10 10:06:052018-08-20 12:45:40July 10, 2018 - MDT Alert (BAC)
Mad Hedge Fund Trader

July 10, 2018 - MDT Pro Tips A.M.

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2018-07-10 09:07:472018-08-20 12:45:31July 10, 2018 - MDT Pro Tips A.M.
MHFTR

July 10, 2018

Diary, Newsletter

Global Market Comments
July 10, 2018
Fiat Lux

Featured Trade:
(TRADING THE KENNEDY ASSASSINATION)

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MHFTR

July 10, 2018

Tech Letter

Mad Hedge Technology Letter
July 10, 2018
Fiat Lux

Featured Trade:
(THE ARTIFICIAL INTELLIGENCE CONUNDRUM),
(TSLA), (AMZN), (FB)

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-10 01:06:152018-07-10 01:06:15July 10, 2018
MHFTR

July 10, 2018 - Quote of the Day

Diary, Newsletter, Quote of the Day

"Ask not what your country can do for you, but what you can do for your country," said John F. Kennedy, America's 35th president.

 

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-10 01:05:372018-07-10 01:05:37July 10, 2018 - Quote of the Day
Mad Hedge Fund Trader

July 9, 2018 - MDT Pro Tips A.M.

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2018-07-09 08:44:252018-08-20 12:45:23July 9, 2018 - MDT Pro Tips A.M.
MHFTR

July 9, 2018

Diary, Newsletter

Global Market Comments
July 9, 2018
Fiat Lux

Featured Trade:
(DIAMONDS ARE STILL AN INVESTOR'S BEST FRIEND),
(SO, YOU THINK THEY'RE NOT WATCHING YOUR PC?)

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There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

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