Here’s to a great 2013

Yup, 2013.

Great equity investors, from Jesse Livermore (who ended it all when his last bet went awry) to Steve Cohen (who got away with it), do not celebrate the new year. You cannot spend expectations. They celebrate the old.

And now that the markets are closed for the year, the only sound to be heard chez Pindelski is one of popping corks.