Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter.
I would like to thank the Minyanville team, professors, writers, and Minyanville universe for their efforts this -- and every -- week. This one has been particularly tough, and the energy, grit, and perseverance of everyone involved has been nothing short of amazing, and not just in MV, but for first responders and municipal workers who have been operating nonstop. Thank you all for all you do; it is appreciated now more than ever.
While many areas in the Northeast have restored power and are open for business, my hometown -- Port Washington, New York -- was particularly hard-hit by the storm. In this, our fifth day without power, there is a scarcity of gas (a three-hour wait and a $50 limit for cans only at the one station that is open). That has emerged as an issue as we are operating with a small gas generator (powering a spare fridge, which is being used to feed two adults, twin eights, and a 17-month-old with a double ear-infection).
The good news -- and there is much to be thankful for -- is that we've heard that neighboring towns have begun to come back on the grid. This is a blessing in numerous ways, not the least of which is that the kids will have a warm place to sleep tonight. We have seven large trees down around our home, some of which crushed power-lines and generators, so I'm not holding my breath on Chez Harrison getting energy back anytime soon.
With that said, so long as the kids are safe and assuming lower Manhattan is back on the grid this weekend, I expect to be back at MVHQ in New York City on Monday.
I've had a number of thoughts over the last few days -- inflation in things we need (energy, education, food) and deflation in things we want (TV, cell phones, laptops), the haves and the have-nots, the realization that Obama has effectively won the election (but rest assured, there will be controversy) and yes, the resiliency of the human spirit, as evidenced by "strangers stopping strangers, just to shake their hand."
2012 sure has been one "for the ages" in terms of my life -- heart surgery, marriage, moves, superstorms, Minyanville's 10th anniversary -- and if the Mayans are right, there may be more to come. Today, it's back to basics for yours truly, which means throwing a log on the fire, grabbing an ax (to ensure plenty of wood overnight), and working with friends to get extra gas to them before their homes come back online.
Thank you for your patience; as my grandfather used to say, "This too shall pass."
As always, I hope this finds you well.
No positions in stocks mentioned.
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at email@example.com.
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