That’s A Bunch Of…
Reading Time: < 1 minute As an Associate in an investment bank more than a decade ago, I had to clear all trades with our compliance department. If we started […]
Magnitude & Velocity
Reading Time: < 1 minute In my experience, the velocity of change is much more impactful than the magnitude. Most systems, companies, species, can adjust to most changes if provided […]
Extrapolate This
Reading Time: < 1 minute You don’t see trends like this every day. I’m not sure what it going on, but something isn’t right: 41% discount to NAV; 120% yield.
Proving the Negative
Reading Time: < 1 minute Oh, just sitting around trying to prove the negative. That I do not have the novel corona virus. That none of my family has the […]
Lots of Fear
Reading Time: 2 minutes We flew from Columbus to Salt Lake City on Saturday. I think Mrs. SFTE and I did a decent job of evaluating the risks and […]
Patience
Reading Time: < 1 minute Patience is not a virtue I possess in great quantities. However, I’m working on it. It’s hard. Things are happening fast. And look like big […]
Pink Sky In The Morning…
Reading Time: < 1 minute I’ve been through some interesting times. That trend seems to be continuing. 1999 – Moved to San Francisco and worked for a software company through […]
Commitment
Reading Time: < 1 minute What’s the most important thing? 6:36
Influential Reads – February 2020
Reading Time: 2 minutes Read another book – look at me: The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life. I owe […]
The market went down…
Reading Time: < 1 minute The market went down… That’s total bullshit. I didn’t event know that could happen. It dropped so much that it’s back to where it was […]