Imperial Valley Press

Hot stock tips

A soup stock recipe inspired by the market’s recent short squeeze

- Ari LeVaux USA TODAY NETWORK

Blame it on the news cycle, but recently I found myself simmering a stock of bones from last year’s hunt. A game stock, as it were.

Earlier that day I had purchased a “put” option on GameStop for my IRA, a modest investment in the possibilit­y this particular stock might crater. Sure, three hedge funds had lost their shirts, and a combined $3 billion, on precisely the same bet just one week before. But I had structured my investment so the maximum loss would be limited to $44, whilst my gains, if the Game were to Stop in short order, would be in the thousands of bones.

You don’t need GameStop in your portfolio, of course, and you don’t need game bones to make a bone stock, when beef, chicken or basically any other bones will do.

When I noticed that my elk bones had achieved a rich umami bronze, I put them in an Instant

Pot — one of those electric pressure cookers that doesn’t rattle and hiss on the stovetop like it’s about to blow up a la Melvin Capital. (Any pressure cooker will do, or a big kettle and a longer time horizon.)

I was ready for dinner, but dinner was not ready for me. Making game stock means playing a long game of cooking, and I had to let it cool to room temperatur­e, and then skim the fat.

And then I had my stock, a versatile enhancer of flavor and mouthfeel, fortified with minerals and dissolved connective tissues. These glorious, protein-rich materials feel like fat, despite being mostly amino acids. Add this protein creme to sauces, soups, stir-fry and curry, or this recipe for short rib pho with squeezed lime.

As for my bet against GameStop, that short squeeze is old news. What goes up must come down.

Whatever the game — be it stocks, bonds, bears, bulls, hunting, gathering, wheeling and/or dealing in the game of life — the quest for survival guides our decisions and has sculpted our bodies, increased our mental processing capacity and sharpened our instincts through the ages. Managing my IRA, in other words, is the closest thing to being both predator and prey that I can think of, next to a Texas wild boar hunt.

Newspapers in English

Newspapers from United States