Too Thin?!

I can’t believe the week has flown by already. It’s been far too long since I’ve posted, but I have a couple good resources to recommend today. One is even free, which makes it that much better. First, let me start off with a story from my day job. As many of you know I’ve been an interim department head for the engineering group at the local government. This is my first experiment with government employment, and it is solidly underwhelming. I could vent about all kinds of things, but let’s leave that for some day in the future. Instead, let me talk about my staff. Continue reading

Sins of the Past

We all have a past. In some regards, our past experiences are a big part of what makes us who we are today. Sometimes I catch myself fighting my parents battles. The upside to this is that I am self aware enough to catch myself, the downside is that such efforts are a waste of effort. By now you may be wondering what I’m talking about. Take for instance my parents failed marriage. They divorced when I was a little kid. It was long ago, and they are very different people than me and my wife……but, you know what?! Sometimes I spend time worrying about my marriage. Comparing my parents compatibility with that of my wife and me. In a best case this type of activity is a waste of energy. In the worst case a self fulfilling prophecy.

What do you do, or conversely not do, because of your family’s experiences? I know people who are too afraid to start the business they always wanted, because some relative tried once and failed. Or one of my best friends who sabotaged his efforts in college because his father and uncles had flunked out. The list goes on and on, but you get the point. We need to overcome our past experiences and fears. I’ve found a great way to do so is to learn and grow, but it’s not easy. It’s very much the same with investing…… Continue reading

Recent Buy

The recent global equities sell off, motivated by China’s stock market crash and the Greek debt debacle, seems to have abated for the moment. Investors got a fair bit of volatility this week, which I always enjoy. Unfortunately prices didn’t dip to the buy levels I outlined in last week’s post for most of our watchlist. I was hoping to add to our Union Pacific (UNP) holdings and initiate positions in Pepsico (PEP) and the Travelers Company (TRV), but we haven’t gotten to those levels yet. You wouldn’t know it from the headlines, but the S&P 500 is just a few percentage points off its all time high. Continue reading