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Minyanville Underground Railroad: Murmur

By

A Tribute to Bennet Sedacca.

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Bennet Sedacca
1959-2009

Murmurs


Quite obviously, this is a tragic week in Minyanville as we lay to rest one of our own, Bennet Sedacca.


I write this missive from the Big Dog's seat at Atlantic Advisors in Orlando, where I've spent the last few days with Nancy, Michael, Katie and the rest of his clan. Please know that his family is being surrounded with love and white light from our community and beyond.


Due to necessary prioritization, I've yet to assimilate the feedback received after last week's Murmurs. I intend to do that in the weeks to come but will take our journey one step at a time with an eye to the "important stuff." Indeed, a little perspective goes a long way.


As I sit at his desk, reading the sticky notes taped to his turret, "Do not trade the SDS," "Never trade just to trade" and "Economic history is a never-ending series of episodes based on falsehoods, not truths," amongst others, I am attempting to craft a fitting eulogy for Friday's funeral. I will speak from the heart and on behalf of our entire community.


As the core construct of Minyanville- and the MUR in particular- is predicated on the basic premise that all we have is our name and our word, I would like to share a poem that Bennet had framed on his wall, given to him by his father on his Bar Mitzvah. And I quote


Your Name

  • You got it from your father
  • It was all he had to give
  • So it is yours to use and cherish
  • For as long as you may live,
  • If you lose the watch he gave you
  • It can always be replaced
  • But a black mark on your name son
  • Can never be erased
  • It was clean the day you took it
  • And a worthy name to bear
  • When he got it from his father
  • There was no dishonor there
  • So make sure you use it wisely
  • After all is said and done
  • You will be glad the name is spotless
  • When you give it to your son

It has been a wild week for the markets and there is much to discuss. I will personally pick that process up on Monday but for now, with regard to the Railroad, I would like to leave you with those wonderful words.


As always, I hope this finds you well,


Toddo

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 todd@minyanville.com.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

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