Yes, I can have that effect—until you realize that I am neither ambivalent nor fatalistic, and am actually more active than you likely are. Not to mention that I have had a great year on only a handful of transactions.
I am definitely not excited by goings-on, however. I have no exuberance for these markets, no love—only a dispassionate detachment, even a kind of sullen resignation.
It’s a weird feeling agip, I must admit. Maybe I’m now an emeritus market participant. This year’s gains produced in me no joy, only a sort of disappointing satisfaction amid a sea of caution.
Hence I am turning to other things, including planning for when I am gone, and involving myself where the rubber hits the road. There are certainly exciting and interesting things going on, but for me those things are not now to be found in the markets.