(no subject)
I've boiled everything down into "improves my lot" and "doesn't add value." I worked 70 hours last week, and am probably going to do that for the next few months. A partner and I were going over a plan that I picked up for someone over the weekend. I said, "yeah, the husband is doing a terrible job, he only makes $50k... absolutely terrible, only making $10k more than me." We both laugh, talk about how detrimental it is to one's perspective to interact so much with the top 5% of earners for basically your whole working life.
We went ahead and hired the guy with a masters in education and an MBA to do menial investments-related tasks. Having him around is a motivator. He interviewed extremely well, went to a good school, and seems very smart. He's overweight, which is probably related to him not having any better job prospects in finance. My boss is interested in merit, not appearance. More power to him.
I think a girl at work is showing interest, and I'm trying to ignore it. She's very cute, and very nice, but she's a coworker. I remember getting shut down a year ago--the awkwardness, the distraction. It's only a recent feeling because there's no newer layer to obscure it. I can't overlook the stupidity of wading back into the uncomfortable work/personal life situation. She would be the ideal girlfriend, which is depressing.
I told the investments manager that he should be reading Bill Gross' pieces to improve on his writing. He was insulted. I don't know why.
Such is the dilemma facing central bankers (and supposedly fiscal authorities) in 2014 and beyond: How to create inflation. They’ve made a damn fine attempt at it - have they not? Four trillion dollars in the U.S., two trillion U.S. dollar equivalents in Japan, and a trillion U.S. dollars coming from the ECB’s Draghi in the eurozone. Not working like it used to, the trillions seem to seep through the sandy loam of investment and innovation straight into the cement mixer of the marketplace. Prices go up, but not the right prices. Alibaba’s stock goes from $68 on opening day to $92 in the first minute, but wages simply sit there for years on end. One economy (the financial one) thrives while the other economy (the real one) withers.
I think having that caliber of either insight or writing ability is enough to make for a good career as a fund manager. Gross could definitely be successful as a permabear/goldbug. I almost want to start a weekly column to send out to clients, just to see if I could get to that level. Not the permabear part, but the persona/charisma in writing thing. I may pitch that tomorrow.
We went ahead and hired the guy with a masters in education and an MBA to do menial investments-related tasks. Having him around is a motivator. He interviewed extremely well, went to a good school, and seems very smart. He's overweight, which is probably related to him not having any better job prospects in finance. My boss is interested in merit, not appearance. More power to him.
I think a girl at work is showing interest, and I'm trying to ignore it. She's very cute, and very nice, but she's a coworker. I remember getting shut down a year ago--the awkwardness, the distraction. It's only a recent feeling because there's no newer layer to obscure it. I can't overlook the stupidity of wading back into the uncomfortable work/personal life situation. She would be the ideal girlfriend, which is depressing.
I told the investments manager that he should be reading Bill Gross' pieces to improve on his writing. He was insulted. I don't know why.
Such is the dilemma facing central bankers (and supposedly fiscal authorities) in 2014 and beyond: How to create inflation. They’ve made a damn fine attempt at it - have they not? Four trillion dollars in the U.S., two trillion U.S. dollar equivalents in Japan, and a trillion U.S. dollars coming from the ECB’s Draghi in the eurozone. Not working like it used to, the trillions seem to seep through the sandy loam of investment and innovation straight into the cement mixer of the marketplace. Prices go up, but not the right prices. Alibaba’s stock goes from $68 on opening day to $92 in the first minute, but wages simply sit there for years on end. One economy (the financial one) thrives while the other economy (the real one) withers.
I think having that caliber of either insight or writing ability is enough to make for a good career as a fund manager. Gross could definitely be successful as a permabear/goldbug. I almost want to start a weekly column to send out to clients, just to see if I could get to that level. Not the permabear part, but the persona/charisma in writing thing. I may pitch that tomorrow.