Earlier this week, in "The Finance 2017 Time Capsule Is Something We Should Bury Deep," we suggested that one day, when we all look back on what's unfolded in markets over the last 12 months, it's going to seem so laughably absurd that there won't be enough cheap vodka in the world to drown out our collective sorrow after the massive wealth destruction that will almost invariably accompany the unwind.
One of the things we pointed out in that post is the extent to which what seems ridiculous one day seems entirely sane the next thanks to the fact that the stories are getting sillier and sillier seemingly by the hour. As evidence of that contention, we reminded you about Seth Golden, the former logistics manager at a local Target store who caught the attention of The New York Times back in August. Seth briefly became the poster child for speculative manias after the Times documented his transformation from retail store manager to armchair vol. seller. When that story was published, everyone was sure – sure, I tell you – that nothing could sound more ridiculous than this:
Mr. Golden, who is 40, lives in a suburb of Ocala, Fla. Since he has been shorting VIX, he says his net wor
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