Garybsmith

Trading, Golf, General thoughts. Not necessarily in that order.

Month: November, 2012

Back at it.

A friend of mine emailed me that he missed my blog.  Trust me, I have too large an ego to ignore even that small bone, so I’m back it.

That begs the question as to what I’ve been doing.  The answer is not much, but it breaks down into  three discrete areas.

1.  I don’t spend a lot of time actually trading, but I spend a fair amount of time thinking about my trading.  That is, forming hypotheses, testing those hypotheses, and subtly tweaking my many approaches to the market.

For me, the market is an ever-changing puzzle, and I’m constantly trying to figure out how it works.  I’m positive I’ll never have a definitive answer, but I do like the challenge.

2.  I have been spending an inordinate time on my tennis.  Lessons, tournaments, regular games, drills, reading up on strategy.  Pretty much the whole gamut.  It bugs me that I never pursued tennis when I was younger, as I’m positive I’d be a highly ranked 55+ player.  On the other hand, I might have burned out on it by now, like I did with golf.

I’m even getting up at 4AM to play some regular guys at 6am.  Crazy.

3.  The rest of my fairly boring life, pretty much fits into the “misc.” category.  If I play tennis at 6AM, I’m back at the house by 7:30.  I do all the standard time killers: email, twitter, Flipboard, etc.  Heck, I’m having “lunch” no later than 10:30, and lately we’ve been eating dinner so early I’m IN BED by 8PM.

All in all, I think I’ve gotten fairly boring in the past few years.  On the other hand, watching “Homeland” each week is about all the excitement I really need.

 

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Post-Sandy

We made it through Sandy with minimal disruption.  We did lose power for about an hour, but there was no damage to the house or exterior.

So, I’m thankful for that, but truly feel for my friends in the Northeast.  But, what can I do to help?  The only thing I know how, and that’s a few words of someone who’s been there: (House-leveling fire in ’03, Deracho, Snowmaggedon…)

1.  Get everyone safe, comfortable, and back on schedule.  For now, don’t worry about your house, the damage, the insurance, etc.  Instead, find friends, a hotel, etc, and make sure everyone is eating, sleeping, and going about normal business as much as possible.

2.  Divide up repair and insurance.  Dealing with contractors, handymen, and all repair folks is a full-time job.  Likewise, making sure your insurance company is on top of everything is also a full-time job.  One person can’t possibly handle both, so divide up the tasks accordingly.  For our house fire, I took insurance; Nancy handled the rebuilding.

3.  Everyone is lazy.  Insurance companies, builders, etc, will all want to take the easiest path possible.  But, no one cares about your welfare as much as you do.  So pester, nag, cajole.  Whatever you need to do to get everyone working FOR you, not for themselves.

4.  Remember, it takes time.  Even the best insurance companies process claims a LOT slower than you’d like.  Repairmen are never as speedy as you’d like them to be.  But, everything will get done.  Eventually.  It’ll drive you crazy, of course, but keep plodding away.

Okay, all the above easier said then done.  There were times when we were rebuilding our house, I just wanted to walk away and settle in Bali.  You’ll feel that way too.  But, some months from now everything will return to normal.  And you’ll realize you can get through anything.