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MHFTR

Thoughts at Sea Aboard the Queen Mary 2, Part III

Diary, Newsletter

50 degrees, 26.68 minutes North, 022 degrees, 29.98 minutes East, or 1,000 nautical miles South of Iceland, heading 089 degrees.

Four days of hearing foghorns is starting to get tiring. Captain Wells has been ducking many of his social responsibilities, feeling more secure in the bridge close to the radar.

After a few days of intermittent access, the Internet is now gone for good, the satellite connection having given up the ghost.

People are blaming everything from a lightning strike on the Virginia ground station to late night watching of porn by the crew.

Instead of surfing the web, I am devoting more time to exercise in anticipation of my upcoming Swiss mountain climbing adventures.

I have developed a careful routine where I fast walk three times around deck 7 in a brisk wind, take the elevator down to deck 1, walk up the stairs to deck 13, speed past the kennels, the practice golf range, two swimming pools, and a bar.

I can accomplish all of this three times in an hour and do it with 40 pounds of books stashed in my backpack.

My butler, Peter, tells me there is always a certifiable nutcase on every cruise, and this time, I have been designated by the crew as "THE ONE."

The 2,600 passengers are quite a mixed batch. We have 1,200 British, 750 Americans, 350 Germans, 80 Canadians, four dogs, three cats, and an assortment of other nationalities, and exactly one Japanese couple who don't speak a word of English.

I took pity on them and spent an evening translating and catching up on the world at large with them. He was a retired dance instructor, which explains why he and his wife owned the dance floor on most nights.

They were grateful for the conversation, for during their entire 30-day cruise from New York to Southampton, then the Baltic Sea and the Norwegian fjords, then back to New York, they had no one to speak to.

Still, that was better than last year, when they completed a 105-day round-the-world cruise with absolutely no one to talk to at all.

Before they left, they gave me an exquisite, handmade, traditional Japanese purse as a gift. What a nice gesture!

All those hours on the Tokyo subway memorizing flash cards finally paid off!

Queen Mary - Stateroom The Hard Life at Sea

John Thomas - Queen MaryOn the High Seas


John Thomas - Queen Mary IIYour Intrepid Reporter

https://www.madhedgefundtrader.com/wp-content/uploads/2013/07/John-Thomas-Queen-Mary.jpg 378 503 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-19 01:07:582018-07-19 01:07:58Thoughts at Sea Aboard the Queen Mary 2, Part III
MHFTR

Testimonial

Diary, Newsletter

Thanks John...rough ride out of the gates here...but I wouldn't want to be riding with anyone but you...you are my life raft in this treacherous world of investing, and thank you for being who you are and for all that you do.

Take care,

Greg
Agoura, California

 

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MHFTR

July 18, 2018

Diary, Newsletter

Global Market Comments
July 18, 2018
Fiat Lux

Featured Trade:
(WHY THE "UNDERGROUND" ECONOMY IS GROWING SO FAST),
(THOUGHTS AT SEA ABOARD THE QUEEN MARY 2, PART II)

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MHFTR

Thoughts at Sea Aboard the Queen Mary 2, Part II

Diary, Newsletter

48 degrees, 02.12 minutes North, 043 degrees, 42.08 minutes East, or 1,000 miles south of Greenland.

When I visited the computer center, I was stunned to learn that they were offering classes on Apple products and programs every hour, all day long.

They covered iMacs, iPads, iPods, iPhones, and all of the associated software and gizmos. I promptly signed up for five classes. Watch for my next webinar. It will be a real humdinger, with all the bells and whistles.

You would think that with 280 pounds of luggage I could remember to bring a pair of black socks. It was not to be. So I headed out to the ballroom with my black tux and navy-blue socks to tango, rumba, and foxtrot with the best of them.

The problem is that just as you twirl, the ship rolls, swiping the dance floor right out from under you. With several octogenarian couples within range, and my size, the consequences could have been fatal.

Still, those oldsters really knew their steps. I really hope those pictures come out, especially the one of me on the dance floor, flat on my back.

Looking at the vast expanse of the sea outside my cabin window, I am reminded of the opening scenes of the 1950's WWII documentary, Victory at Sea. An endless, dark, tempestuous ocean churns and boils relentlessly.

I am now even more awed by my early ancestors, who took three months to cross from Falmouth to Boston in 1630 in a 50-foot long wooden ship called the Pied Cow. They did this without navigation to speak of, rotten food, and a dreaded fear of sea monsters. What courage, or religious ferocity, must have driven them?

John Thomas-computer Your Intrepid Reporter

Breakfast on the High Seas

Queen Mary Stateroom Check Out My New Digs

https://www.madhedgefundtrader.com/wp-content/uploads/2013/07/John-Thomas-computer.jpg 370 486 MHFTR https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png MHFTR2018-07-18 01:06:042018-07-18 01:06:04Thoughts at Sea Aboard the Queen Mary 2, Part II
MHFTR

July 17, 2018

Diary, Newsletter

Global Market Comments
July 17, 2018
Fiat Lux

(WHERE THE ECONOMIST "BIG MAC" INDEX FINDS CURRENCY VALUE),
(FXF), (FXE), (FXA), (FXY), (CYB),
(CATCHING UP WITH DOWNTON ABBEY),
(TESTIMONIAL)

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MHFTR

Catching Up with Downton Abbey

Diary, Newsletter

I decided to flee the madness in London for a day and visit some old friends in the countryside, the 8th Earl and Countess of Carnarvon.

The late 7th Earl was an early investor in my first hedge fund, and I have kept in touch with the family ever since.

John Thomas

His grandfather, the 5th Earl gained fame and fortune from his co-discovery of King Tut's tomb in Egypt's Valley of the Kings in 1922.

His early death, shortly thereafter, was the origin of "The Mummy's Curse" of depression-era horror film fame. Many of his discoveries today make up the bulk of the Egyptian collection in New York's Metropolitan Museum of Art, which the family sold to pay estate taxes.

Recently, the family has been renting out its 350-year-old home, a 15-minute taxi ride south of Newbury in England, the spectacular Highclere Castle, for use as a film set.

The period drama series that resulted, "Downtown Abbey," unexpectedly became a blockbuster in the U.S. where viewers, stupefied by endless low-budget reality shows, were starved for quality, thoughtful content and adult writing.

It also sent 100,000 visitors a year their way, as well as $25 million in ticket fees. This windfall enables them to maintain the house and the magnificent gardens in immaculate condition.

The cash flow also allows them to ramp up the other family business, breeding racehorses for the queen. Portraits of past winners adorn almost every room.

After tea with my hosts and a personal tour of the estate, I picked up some tea towels for friends at home who worship this kind of thing. I also saw a display of some spectacular early Egyptian relics, which the family found bricked up behind a wall 60 years after the Met sale.

Given the huge reception by the viewing public, we can count on this drama to extend to at least five seasons, when it will then be syndicated for the rest of our lives. That works fine for the real life Carnarvons, who can now reinvest in even more thoroughbreds.

Who needs hedge funds?

Servent Pager

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MHFTR

Testimonial

Diary, Newsletter

A belated thank you for the time you provided to all of us at the Las Vegas Strategy Luncheon back in May. My apologies for not submitting a prompter response.

I am the Air Force C-17 pilot from Seattle; you graciously gave me additional time on your walk back to the room during the SALT Conference. I was honored to be a part of your luncheon.

Your advice regarding the investing world and my progress into it was insightful and helpful. I quickly relayed all of your sage commentary to my wife and have used it in my further studies since.

Fantastic info on the Tesla, flying etc. as well - I relayed all of that to my buddies back in the squadron. I plan on attending more luncheons as the opportunities present themselves.

My offer to take you in the simulator still stands, if you're ever here in the Seattle area again. Yes, the MiG has a better climb rate but we have a stand-up bathroom, kitchen and two bunks.

Again, thank you for your time,

Ben
Seattle, Washington

 

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MHFTR

July 16, 2018

Diary, Newsletter

Global Market Comments
July 16, 2018
Fiat Lux

Featured Trade:
(THE BEST FINANCIAL BOOK EVER),
(A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES),
(THOUGHTS AT SEA ABOARD THE QUEEN MARY 2, PART I)

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MHFTR

Thoughts at Sea Aboard the Queen Mary 2, Part I

Diary, Newsletter

Location: 48 degrees, 02.12 minutes North, 043 degrees, 42.08 minutes East, or 1,421 nautical miles ENE of New York.

The Queen Mary 2 is currently plowing its way through a massive fog bank a thousand miles thick, sounding the foghorn every two minutes. Visibility is less than 100 yards, and the waves are a rough 12 feet high.

The captain has closed the outside decks for fear of losing a passenger overboard. The weather has disrupted our satellite link, and our Internet is down. So here I write.

One hour out of New York, and a passenger suffered a heart attack. So, the captain turned the ship around and headed back to the harbor, where the New Jersey Search and Rescue sent out a launch to pick up the unfortunate man and his spouse.

That meant we could pass under the Verrazano-Narrows Bridge three times, on each occasion deftly clearing the span by a mere 10 feet. Talk about inauspicious beginnings.

The ship is truly gigantic. You must allow 20 minutes to get anywhere, 5 minutes to walk there and 15 minutes to get lost. When launched in 2003, it was the largest cruise ship ever built at 148,900 tons, nearly double the size of the now decommissioned Queen Elizabeth II.

It whisks up to 3,000 passengers and 1,325 crew across the seas in the utmost luxury at a steady 21.5 knots. You could water ski behind this leviathan of a vessel, if only the crew permitted it.

As a 40-year guest of Cunard and the highest paying customer on the ship, I managed to bag the Sandringham Suite, possibly the most luxurious publicly available oceangoing accommodation ever created.

The 2,200-square-foot, two-floor, two-bedroom, three-bathroom, Q1 class apartment on decks nine and 10 includes a formal dining room, kitchen, his-and-her closets, a small gym, and 1,000 square feet of rear-facing teak deck.

All of this was a bargain for $56,000, or about the same as renting the presidential suite at the San Francisco Ritz for a week at $10,000 a night, except at the end you wake up in England five pounds heavier.

Not that I noticed, though. By the afternoon, the two complimentary bottles of Dom Perignon Champagne were already headed for the recycling bin.

The suite came staffed with two full-time butlers, Peter and Henry, who were an endless font of fascinating information about the ship. During one unfortunate cruise, eight senior citizens passed away.

The morgue held only six, so the extra two were stashed in the meat locker for the duration of the voyage. No comments were every made about the seasoning of the steaks that week.

I asked if Cunard ever performed burials at sea in these circumstances. They said they used to. But a few years back an elderly billionaire "Mr. Smith" checked into a deluxe Q1 cabin with a hot young "Mrs. Smith," and then promptly expired. The grieving widow requested he be buried mid-Atlantic with the traditional yard of sail and a cannonball.

When the ship docked at Southampton, a much older, actual "Mrs. Smith" appeared to claim the body and sued the company when informed of his current disposition.

So, no more burials at sea.

Yes, the ship did hit a whale once, which struck the bulbous bow. It next landed in Lisbon, Portugal, with the whale still attached. Cunard was fined for commercial fishing without a license. The unlucky cetacean's skeleton is now in a Lisbon maritime museum. Apparently, this company gets sued a lot because of its deep pockets.

Of course, the memory of the sinking of the Titanic is ever present. There is a history display down on deck 2, and you can even have your photo taken in front of a backdrop of the grand staircase of the ill-fated ship.

When we passed 10,000 feet over the wreck at 48 degrees, 38.50 minutes North, 50 degrees, 00.11 minutes West one day out of New York, the Queen Mary 2 let out three long blasts of its horn in memory of the lost. Cunard took over the Titanic's White Star Line during the Great Depression and is therefore the inheritor of this legacy.

Peter is now at the door with my dinner, so I will continue on another post.

John on Yacht

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MHFTR

July 13, 2018

Diary, Newsletter

Global Market Comments
July 13, 2018
Fiat Lux

Featured Trade:
(FRIDAY, AUGUST 3, 2018, AMSTERDAM, THE NETHERLANDS GLOBAL STRATEGY DINNER),
(NOTICE TO MILITARY SUBSCRIBERS),
(CHINA'S COMING DEMOGRAPHIC NIGHTMARE)

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