Sunday, July 30, 2006
MMMB
Don't forget some of these other "metaphors"
One particular friend who has money, and doesn't really have money problems, but who just can't conquer his lack of confidence and his emotions when making investment decisions. He buys tech stocks, watches them go up a lot, sells them at a profit, and then watches the stock go higher still, a LOT higher. He hates himself for missing that big move. So he puts the money into ANOTHER tech stock that goes to zero. He hates himself again. Other times he's hamstrung when it comes time to buy more of a stock that goes against him. Lots of self loathing for a guy to do battle with.
Another "former friend" who is a single girl with a great career but after 13 years of working for the man has NOTHING to show for it economically. Well, except for a big slug of credit card debt, and the fact that she firmly believes she deserves to have a new fancy leased car every two years. Of course after seven cars she can't even really remember some of them. :)
And of course let us not forget Jukie and Jad. Some day I should send them (severally likely) a fruit basket for giving me one of my most formative experiences about debt and unhappiness. How a lifetime of "short-term greedy" decisions, a lack of teamwork, and an astonishing lack of understanding of what a cash "buffah" is can drive people to divorce, laughable conversations (No more manicures! No more computer games!!) and utter misery.
And then my business school classmate who despite her high end wall street career and pretty meaningful savings, still has surprisingly Victorian ideas about women and money.
How about the former colleague who put $75 grand into a hole in the ground? And who couldn't handle it when his coworker didn't own a house and didn't want to BUY a house?
And the other colleague who couldn't help but ride that colleague, teasing him about his "Yugo" and the "hubcaps in his front yard"...?
How about me? I didn't become a truly confident analyst with good skills until I didn't really need a job to work. Actually more accurately when I hit the "13 year buffa" mark...
Aunts (one in particular)
Siblings (two on my side, one who says "gimme something that'll double!") and one on your side...
Parents, including crying at the kitchen table but aggressively tackling a subject and learning and getting pretty good at it. And another parent who confuses "risk-taking" with testosterone.
More later!!! What do you think???
One particular friend who has money, and doesn't really have money problems, but who just can't conquer his lack of confidence and his emotions when making investment decisions. He buys tech stocks, watches them go up a lot, sells them at a profit, and then watches the stock go higher still, a LOT higher. He hates himself for missing that big move. So he puts the money into ANOTHER tech stock that goes to zero. He hates himself again. Other times he's hamstrung when it comes time to buy more of a stock that goes against him. Lots of self loathing for a guy to do battle with.
Another "former friend" who is a single girl with a great career but after 13 years of working for the man has NOTHING to show for it economically. Well, except for a big slug of credit card debt, and the fact that she firmly believes she deserves to have a new fancy leased car every two years. Of course after seven cars she can't even really remember some of them. :)
And of course let us not forget Jukie and Jad. Some day I should send them (severally likely) a fruit basket for giving me one of my most formative experiences about debt and unhappiness. How a lifetime of "short-term greedy" decisions, a lack of teamwork, and an astonishing lack of understanding of what a cash "buffah" is can drive people to divorce, laughable conversations (No more manicures! No more computer games!!) and utter misery.
And then my business school classmate who despite her high end wall street career and pretty meaningful savings, still has surprisingly Victorian ideas about women and money.
How about the former colleague who put $75 grand into a hole in the ground? And who couldn't handle it when his coworker didn't own a house and didn't want to BUY a house?
And the other colleague who couldn't help but ride that colleague, teasing him about his "Yugo" and the "hubcaps in his front yard"...?
How about me? I didn't become a truly confident analyst with good skills until I didn't really need a job to work. Actually more accurately when I hit the "13 year buffa" mark...
Aunts (one in particular)
Siblings (two on my side, one who says "gimme something that'll double!") and one on your side...
Parents, including crying at the kitchen table but aggressively tackling a subject and learning and getting pretty good at it. And another parent who confuses "risk-taking" with testosterone.
More later!!! What do you think???
# posted by Moopy and Mopey @ 1:01 PM 
