Sunday, November 18, 2012

Defining A Unit

For obvious reasons, I do not want to disclose the amount of my investments. But, I do want to keep some elements of proportion. So, I will detail all my investment decisions in terms of "Units". I might say that I bought 50 Units of SPY. This might mean $2,500 or $50,000 - depending upon whether a Unit is $50 or $1,000.

The exact value of a Unit is, of course, a secret.




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