Randoms: Politicians Should Take a Look in the Mirror
Talk the talk only if you walk the walk.
- If you were a fund manager getting ready to scribe a quarter-end letter, what would you fear more right now: losing or missing?
- As per Minyan Joe, are you keeping JPMorgan (JPM) $27.5 on your radar as a level of support for Jamie's Dimon (and by extension, the broader market)?
- Am I drinking the Kool-Aid to think that the 4-point plan of debt destruction, saving, productivity and education has a shot in the current socioeconomic landscape?
- Would now be a good time to pull out the fund manager axiom that the only thing worse than losing money is under-performing the benchmark?
- While reminding Minyans -- again -- that just as the buyers are higher, the sellers are inevitably lower?
- While I'm a card-carrying member of "Meritocracy Now," does anyone else sense that it's completely disingenuous for many on the Hill to be casting stones?
- Wouldn't it be fair (for lack of a better word) if we put them on the stand and trope out their track record on various issues ranging from financial regulation to campaign contributions?
- Did I just get saucy with you, Bearnaise?
- Speaking of which, what would the 2000-year old man do in a tape like this?
Deep breath in the hallowed halls as we juggle the struggle that is, well, life. Tuesdays are fun days at Carvel, as I've got my syndicated deadline on top of (still pending) "behind the scene things," wild market swings, continuous content and the recent, mindful reminder of the fragility of life. On top of that, I awoke this morning at 4:30 a.m. to a lawnmower so the crank-o-meter is en fuego.
I offer that as a context--not an excuse--for the following point. As I chugged and chewed through my list of to-do's, I put everything on hold and spent an hour with our friends from The Children's Aid Society to map our mission of affecting positive change through financial understanding. It reminded me of why we started Minyanville--and Minyanland--and the bigger picture, the one beyond that screen, the one beyond this generation.
I'm not gonna lie - I've done a lot of soul-searching this past week, questioning my choices in life, the decisions I've made and how I spend my days. Bennet used to say "In 20 years, it won't matter" and that's right, in certain respects, and wrong in others. While we all get caught up in the next best trade, losing perspective at times, the purpose and passion for what we do and how we do it will resonate like the proverbial pebble in the pond of life.
Or at least that's what I tell myself after 20-hour days.
Some top-line vibes as we enter contra-hour:
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 firstname.lastname@example.org.
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