Feb 21, 2015

Year of the Crash

Picasso

a parody of Al Stewart (You Tube)

On a morning from a Chandor movie
In a market many start to fade
You go strolling through the crowd like Peter Thiel
Contemplating a trade
She comes out of the sun in a Greek dress
Cut like a waterfall in Spain
Don't bother asking about deflation
She'll just tell you that she came
In the Year of the Crash

She doesn’t hear your last suggestion
As she locks up your trade in hers
And you follow 'till your sense of proper hedging
Completely disappears
By the Bloomberg wall in her broker’s hall
There's a hidden tranche she leads you to
These days, she says, I feel my risk
Just like a shiver running through me
In the Year of the Crash

Well, she works her plan so coolly
And her eyes are as large as the spreads in Lisbon
She wears Fibonacci and Bernoulli
So you go long, to find what's waiting inside . . .

Well, the bottom comes and you're still with her
All the big alpha hedge funds are gone
And you've thrown the fateful dice and lost your nest egg
So you choose to stay long
But the financial strains of the day remain
In the challenge of the ESM
You know someday you're bound to fade her
But for now you're going to stay
In the Year of the Crash