Tentacle pornography expert and investment advice guru Kurt Eichenwald claimed on Twitter Friday night that’s he’s outsmarted all of us and actually outperformed the U.S. stock market in 2017 by buying overseas stocks:
Sigh. The dumb are out again. I advised folk to get out of USA stocks on Trump election because of unpredictability. The stupid say "ha! stocks went up." USA indexes were 2nd worst in 2017 in a global recovery BECAUSE of the unpredictability I mentioned. I went overseas, made 22% pic.twitter.com/7tp0gHl74e
— Kurt Eichenwald (@kurteichenwald) December 16, 2017
Actually, he never “advised folk to get out of USA stocks.” He said, multiple times, that he sold “all stocks”:
In preparation for a completely unpredictable Trump presidency, I sold all stocks in my kids' education accounts today. I urge u to do same.
— Kurt Eichenwald (@kurteichenwald) September 26, 2016
I hate to say this but, against my investment advisor's recommendation, I sold all stocks and went all cash months ago, just in case.
— Kurt Eichenwald (@kurteichenwald) November 9, 2016
And then in January, he implied that he had once again sold all of his stocks with the common Wall Street phrase, “pigs get slaughtered”:
As we approach #dow20k, I once again remind: Buy low, sell high; I did.
Pigs get slaughtered.
— Kurt Eichenwald (@kurteichenwald) January 6, 2017
So, which is it Kurt? Seems like maybe there’s some revisionist history at work here.
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