Alternative Facts Today I got an email from my Department Chair (in Finance) at University of San Diego. He asked me if I would be willing to add a half of a course to my Spring 2022 schedule. It seems there is a need in the Masters of Finance program for someone to teach one half of a short course on Alternatives. There is an existing professor of real estate finance who will teach half…
Hazy and Lazy I make no apologies for it. I have had a lazy streak in me my whole life. I tend to think it is caused by my not inconsiderable bulk and Newton’s First Law of Motion that a body in motion tends to stay in motion and a body at rest tends to stay at rest. And the bigger the body, the more energy it takes to keep it in motion and once…
The End of the Blockchain My personal history with blockchain began in 2014 when I was the Chairman of a new venture capital company called Green Visor Capital. It was started by a fellow Cornell MBA named Simon Yoo and I agreed to help him launch by signing on as a General Partner and, indeed, by serving as its first Chairman. That situation existed for about a year and then I passed the title over…
Kneeding Comfort When my kids were younger they fell into two categories. Carolyn and Thomas were forever rambunctiously scraping their knees and existing in a somewhat constant state of scabbed kneecaps from their falling. Roger, on the other knee, was s different sort of child. He was the child that at the age of one crawled to edge of the blanket on the lawn, touched the wet grass and recoiled back to the safety of…
Uninsurable Kim is running around the house singing Uninsurable to the tune of Unforgettable by Nat King Cole. I got a notice yesterday from my long-time insurer, Chubb, who advised me that they will not be renewing my homeowners insurance coverage in 2022 due to the California wildfire issue. It seems that they have struck some sort of reinsurance deal that precludes them for renewing us hard-case daredevil Californians who choose to live in harm’s…
Declaring War Today, the Department of Justice began its court proceedings against Steve Bannon for his role as one of the leaders of the January 6th insurrection at the Capitol Building. Bannon, the ultimate devotee of the notion that any publicity is good publicity went on the record saying that he and his like were using this indictment as a red flag to signal that they are now going on offense against the Biden Administration…
Autobiography We went to go see Kenneth Branagh’s new film, Belfast. It chronicles the youth of a Protestant boy growing up during the strife of the religiously war-torn Irish city. The message is quite stark and clear, growing up amidst religious strife is no fun. The young boy is presumably Branagh at about age nine. His father and mother are Belfast natives who live on a street near where they were raised in working-class Belfast.…
Aging Gracefully Dylan Thomas told us to not go gently into that good night, that old age should burn and rave at close of day, and we should rage, rage against the dying of the light. I think of that poem often and remind everyone that Thomas lasted all of thirty-nine years. The stories of his death comport well with his thoughts of raving and raging at the end. He literally drank his way into…
Strictly Business I have been reading about the travails of Jes Staley as he exits his job as CEO of Barclays Bank in London. He has left his post because the UK regulators have done a comprehensive investigation into the way in which he characterized his relationship with Jeffrey Epstein, the indicted and now deceased alleged perpetrator of many sex crimes including and especially involving many young women whose lives have been altered or ruined…
Normal Is As Normal Does Yesterday, Kim and I decided at noon to go to see a movie at 1:50 in the afternoon. That’s the sort of thing we might have done two years ago on a Saturday while living in Manhattan. But yesterday was Thursday and we are still living under a COVID cloud. So, to begin with, we are retired and do not have jobs that keep us occupied Monday through Friday. We…