Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.

Big JPS Holder Sprinting Down Miami Beach (Caught On Camera)

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

My papparazi friend filmed me sprinting down Miami Beach with my arms up like I just won a race. He says I'm a big JPS holder.

He's right.

Long FNMAS. Long FMCKJ. Long FMCCS. Long every flavor of Fannie Mae and Freddie Mac junior preferred I can get my hands on. Have been since 2016. Will be tomorrow. Will be next year.

The full position. The whole net worth. The works.

People ask me why I run on the beach instead of taking a meeting. Because Talk - Action = Zero, that's why. And because I already know what I'm going to do — buy more JPS, write more about Fanniegate, ship more code at Cloud Nimbus, and run on the beach until the conservatorship ends.

Two more, also caught on camera

Here are a couple of shorts the same friend put together. Same energy.

What I'm actually doing

I run my life like a business. The vision is to empower success. The mission is to allocate capital effectively — mental, physical, financial, emotional. Sprinting down the beach with my arms up is what allocating physical and emotional capital looks like when the trade is right and the patience is paying off.

Fanniegate isn't an opinion. It's the largest fraud in American capital markets history, hiding in plain sight under the boring label "conservatorship." I wrote nine books about it. I'm still writing. I'm still buying. I'm still running.

If you're long with me, you already know. If you're not, the entry is still open. The papparazi is watching.

Talk - Action = Zero.

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Glen Bradford

Glen Bradford

Investor · Builder · Writer

MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.

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Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.