Category: edjumacation

Sometimes, the cranky old man is the smartest man in the room

Back in the good ol’ days, that wild time known at the 1980’s, I was full of youthful optimism, and I was attending New Mexico State University.

My undergraduate major was Finance.

Ooh, those were heady days when I wanted to be a stockbroker when I grew up. This was back before I realized that “stockbroker” and “salesman willing to sell underperforming securities to your family in order to make commission” were synonymous.

While the dream was still alive, I took courses at NMSU from some really fine professors with a lot of experience.

Among them, several courses with Dr. Lowell Catlett, now the Dean of the College Of Agriculture, and a noted experts on futures trading.

There was also Dr. Clark Hawkins, a man who had actually worked as a commodities trader on the NYSE floor. In his words, he had tried pretty much every investment vehicle out there…and lost money ’em all.

Dr. Hawkins was a strange little man. Wiry, small of frame and nasally of voice. He referred to himself as “Uncle Hawkey.” He often told us that, as Finance students, we should have our Wall Street Journal under one arm and our financial calculator under the other.

And this was to be done while wearing a tshirt imprinted with “Uncle Hawkey’s Ten Investment Rules”.

At the end of each semester, he gifted us with a copy of the ten rules.

Recently, I was searching around in all the old boxes under my house, picking through my crap looking for things I can sell on eBay.

How ironic, then, that I should come across my framed copy of Uncle Hawkey’s Ten Investment Rules in my search for something to sell for money.

Well, I sat down and read the rules.

Goddamn if Uncle Hawkey wasn’t right. He was right then. He’s right now. Right is right.

Now…snap your Wall Street Journal in place, place your finger over the “future value” button on your calculator and get set.

Here are the rules:

1. Don’t invest in things you don’t understand.

Ah, every single customer of Bernie Madoff…take note!

2. Remember the fundamental mathematical rule of finance.

You know what? I don’t.

I suspect this was about future value and present value of money. He was a stickler on that.

Because I understood and could calculate time value of money, I kicked the salesman’s ass when I bought my first car.

I got that salesguy demoted because he was such a dunce. Thank you Uncle Hawkey.

3. Know the difference between investment and speculation.

Oh I remember this one. I rant about this one. A lot.

Let me just say his own words, with the same shouting nasal tone…

INVESTING IN THE STOCK MARKET IS THE SAME AS GAMBLING!

If you do not think putting your money in the stock market is gambling, then you need to re-examine yourself and your money.

Sure, it may return better odds than Vegas, but not always.

For those of you wailing and gnashing your teeth in the current economic downturn because you had all your money in the stock market, I suggest you get this rule tattooed on your arm and look at it daily.

4. Don’t invest or speculate in financial securities that you can’t easily find quotes on.

Dangling participle notwithstanding….Uncle Hawkey was right.

Once again, I’m calling friends of Mr. Madoff….paging investors of Mr. Madoff….

5. Don’t buy a closed end fund on initial offering.

Oh yes, everyone gets oh so very excited about IPO’s. Especially during the dot com boom of the early 2000’s.

Look how well that worked out for most people.

Right.

But Uuuuuncle Haaaawwwkkkey, people in his class would wail…what about _____ and they’d name some company.

And by tracking the history of the stock price, he’d show them how they were wrong. How the price would be driven up on IPO and would, over time, settle back down.

He recommended waiting out an IPO for a company you liked, and buying the shares after you the initial flurry of IPO wore off.

6. Be skeptical of people who say they can forecast the future.

Well, if more folks did this, then people like Jim Cramer would be a lot less interesting, wouldn’t they?

7. Don’t do business with a man you can’t trust.

Too true. I would also substitute “man” with “company.”

And yet…how many of us do anyway? (*coff* AT&T *coff* Comcast *coff*)

Honestly…it’s getting a lot harder to find honesty these days.

8. If the brokers are pushing it hard, it probably should be avoided.

So simple. So true. Yet….

Paging followers of Mr. Madoff!

(seeing a trend here?)

9. Long range planning gives the dangerous notion that the future is under control.

Oooh, this one hurts.

Remember how great things felt in, oh, say mid-2008? When we all had some money and maybe a big mortgage on a great house and the financial future looked, well…bright?

Yeah.

I broke this one. Uncle Hawkey, wherever in the world you are now, I give it up to you.

You knew. You always knew.

10. Don’t lose money.

Well sh*t. I broke this one too.

However. Slowly but surely, it’s coming back.

Because Uncle Hawkey warned us about short term and long term.

My wise investments will, eventually, find their way home.

And finally….

11. (Bonus rule) Remember Rule 10

Fair enough.

And so…as we now dive headlong into a financially muddled 2010…

May we all remember Rule #10

Thank you Uncle Hawkey.

As a post script…

In my senior year of undergrad, Uncle Hawkey decided to go on a sabbatical from teaching.

He invited us, the students that he had so tortured, to join him for happy hour at El Patio. Ah, that venerable old bar (former home office of the Butterfield Stage).

Uncle Hawkey slapped down a credit card and said we could have all the beer we wanted. Nothing else. Only beer.

Oh, the pitchers flowed that day, and Uncle Hawkey paid for it all.

Maybe all of us college students were, on that day, a good investment.

If you hear a tiny *pop*

…it is the sound of my mind being blown.

*pop*

Yesterday, I talked about this whole period-space-space thing.

So today, I’m going to take on a few grammar rules. I am breaking Sister Mary Margaret’s ruler right over my Strunk and White. Oh yes I am!

(That sounds kind of….naughty! heh heh)

Ok, confession time: I didn’t go to Catholic school. APS was a-ok.

Apparently middle school is much on my mind this week. Likely reflective of my mental age right now…but I digress.

Today we speak of Mr. Parker. Oh yes, another educator that saw my brother and sister pass through the doors of his classroom before I came along, all impressionable and scared.

Mr. Parker was, to put it mildly, a grammar Nazi.

(Yes, that’s putting it mildly! And no I am *not* prone to hyperbole! Quit taunting me!)

Mr. Parker was all about forcing us to diagram sentences at the chalkboard.

(For the younger readers, yes, we used actual chalk in those days. And we had to walk uphill both ways to get to school.)

Mr. Parker would rattle off a sentence, and then we had to diagram the damn thing.

If you got stuck, he’d make sarcastic comments. Occasionally singing a little ditty meant to embarrass you. And then he’d tell you how you blew it. Because we always blew it when it came to diagramming sentences.

Fun.

So Mr. Parker’s waltzing, melodic teasing is in the back of my mind as I read this article:

Three grammar rules that are okay to break.

Doh! That’s wickedly delicious, like getting caught smoking out behind the portable buildings!

(Not that I did, I was am a painfully rules compliant girl)

Here we go:

1. Feel free to boldly split infinitives.

They quote the famous Gene Rodenberry line, “To boldy go where no man has gone before” as evidence that this is ok.

Hmm. Not sure “Star Trek” is the high water mark for grammatical correctness. Then again, maybe I could get into this.

Problem is, it’s also been drilled into me that adverbs should be kept to a minimum, under which “boldly” would qualify.

So…to capriciously break the rules, seems…well, I just did it, that’s not so bad.

Oh yeah, I’m turning to the dark side!

(Mixing metaphors too! Oh, I’m naughty!)

2. Ending a sentence with a preposition is nothing to worry about.

Ok, I admit it, I already do this. And I hear Mr. Parker in my head when I do, but damnit, I do it anyway.

But I’m not going to stop!

At least until I get in trouble and then I’ll be very compliant and mild.

3. Is it even okay to use sentence fragments? Yes.

Yeah, ok, fine. I do this. A lot. With frequency. And I’m not going to quit!

If loving sentence fragments is wrong, I don’t want to be right!

I often get that green squiggly underline in Word that says “sentence fragment, consider revising.” To which I reply, boldly: “NO!”

Then click ignore. It feels so good to click ignore.

You wanna know what else?

I also dangle my participles. I do and I’m not sorry.

Oh I’m grammatically running amok now!

Whoooooooo!

Old habits like these are so hard to break*

It was seventh grade. She was Mrs. Olivas. Typing teacher. A rail thin Hispanic woman with long black hair, parted down the middle, a sour face and an even sourer disposition.

(sourer doesn’t sound right, but Word grammar checker told me that “more sour” was incorrect…so let’s roll with it)

Mrs. Olivas taught my brother, well ahead of me in school. She taught my sister.

And then she taught me.

There we all sat, trembling, at the keyboards of electric typewriters distributed about the classroom. Eyes forward. No looking at your fingers!

Mrs. Olivas would wander the room, shouting letters like a drill sergeant. We would type what she shouted. In unison our keys would strike the paper.

My sister had warned me, with her accent, her “v” sounded like “b” and vice versa. And she graded harshly when you got it wrong.

Mrs. Olivas taught us that after every period ending a sentence, you hit that space bar twice.

End a sentence, space twice, start the next sentence.

One space looked too crowded. Too hard to tell where one sentence ended and the next began.

Two spaces.

No questions. Don’t ask. Two spaces.

I follow this great lady, Debbie Ridpath Ohi, on Twitter (her screen name is inkyelbows). She is a writer and creates spot on comics about and for writers.

So imagine the shock and awe in my world when I read the following re-Tweet:

@inkyelbows From literary agent @Ginger_Clark “Authors: stop double spacing after every paragraph. It’s unnecessary.”

What?!? Sputter sputter. What!?!?

I say…..WHAT?!?!

Ok, to be fair, Twitter itself had me changing my typing habit. Why type two spaces when that takes two of the precious 140 characters? So I figured in the Twitter-verse, it was ok.

But in my regular writing? Stories, emails, blog posts. Can I stop?

Period-space-space is in my muscle memory! It lives in my cells!

Seventh grade was almost thirty years ago! If I don’t period-space-space won’t Mrs. Olivas come haunt me in my sleep like the La Llorona of the Smith Corona?

“Peerrrioood-spaaaaace-spaaaaace,” she will howl outside my window!

I found this bit of explanation online: ” It is generally accepted that the practice of putting two spaces at the end of a sentence is a carryover from the days of typewriters with monospaced typefaces.”

So to do a period-space-space is something of a throwback. It marks me as “old school.” Someone who learned to type on an actual typewriter.

Ok, fine. I’m trying. Every day I’m trying to retrain my obstinate thumb to only tap that space bar once. Just once.

It’s tough! I still have to do a find and replace when I finish any document, including this blog post.

I’m too old to learn new tricks!!!!

Waaaah!

Oh, and:

The quick brown fox jumps over the lazy dog.

*apologies to Hank Williams Jr for bastardizing his lyric.

Coming tomorrow: “Three Grammar rules that are okay to break.” My world is off its axis!

These are a few of my favorite things

Over the weekend we had to make one of those never any fun but always essential visits to Target. You know that trip, the list includes toilet paper, laundry soap, toothpaste, etc.

You spend a hundred bucks and don’t even bring home anything fun.

I was *very* adamant with myself on this trip that I would get only what was on my list, and not wander.

Oh, I can wander. At a Target? I’m a wandering, shopping fool.

But no. The Good Man and I made a list. A thoughtful, in depth list. And I promised to stick to it.

Gah! But it’s Taaaaarget!

No, no. Must be austere. Financial times are tough. Tighten the ol’ belt and whatnot.

So I pushed that little red shopping cart up and down the aisles. Razor blades, check. Kitty litter, check. Toilet bowl cleaner, check.

But then. Oh then…I rounded the corner, and at the end of the row, I landed promptly in the…oh sigh…school supplies aisle.

And by aisle, I mean huge display.

Oh yes, Target has the “back to school” on with gusto.

I caught my first whiff of brand new three ring binders and I was suddenly intoxicated.

I stepped into the brightly lit and vibrantly colored area, eyes wide, wandering around like a hillbilly at Times Square.

It was delicious.

They have one whole section devoted to Crayola items. I *adore* all things Crayola. Those are some damn fine people who put out the Crayola product line!

I’m not going to lie to you, I plucked a sixty-four count box of Crayons from the bin, lifted to my nose, and sniffed.

*sniiiiiiiiiif* Oh yeah, that’s the stuff.

I fondled a twenty-four pack of fine line Crayola markers. I even took them from the rack, intent on purchase.

But, no. No, damnit, I must be strong.

I looked at notebooks. I do love a fresh, clean, happy notebook full of blank pages, just waiting to be sullied by my new twenty-four pack of markers!

No, no. Steady soldier!

My eyes grew hazy as I gazed at the selection of pens, Elmer’s school glue, hole punches, pencil cases, protractors, and back packs.

Gad, it was heady stuff! I loved every minute of it. I basked. I wandered. I touched and sniffed and generally fell in love all over again with school supplies.

Mind you, I don’t miss school. That part was never fun, but the school supplies! Oh the supplies. So great.

After leaving the store with my purchases, (I held strong and stuck to the list), I noted that two storefronts down was a Staples.

Egads, I had to walk past it!

But no, I’d had my hit. I was still riding high, so I was fine.

I walked past the Staples strong and confident, the waxy smell of Crayons still lingering in my nostrils.

From a salad to the wayback machine

In two easy steps.

Today, I was at my work’s cafeteria, and there I am, standing in line, waiting on the lady in front of me as she crafted her salad.

I personally think how someone makes their salad bar salad speaks volumes about personality, but that’s another study for another day.

This lady in front of me had taken a small container, and was packing, shoving, and cramming salad items in there.

I’ve noticed this a lot lately, not just at work. The general need to take an itty-bitty container. It’s a guilt thing. You convince yourself you are saving money and calories with a “small” salad, then you shove a “large” amount of salad in there.

We pay for salad by the pound, but whatever.

So while I watched this fabulous bit of engineering, I thought to myself, “Wow, this lady needs a geometry lesson.”

Which is really ironic for *me* to say.

Because I personally *suck* at geometry.

And why is that?

Come, step with me into the wayback machine.

: cue wavy lines and hazy focus :

The year was 1986…or maybe 1985…I can’t recall.

At that time, I was matriculating at good ol’ Del Norte High School. Yup.

That year, I was taking a geometry class that was going fairly well. I was learning, it was coming along, I was carrying a high B…until that fateful day.

Oh yes, that day…when our regular teacher introduced our (cue dramatic music…dun dun DUUUUUN):
Student Teacher.

But, not just any student teacher, no.

This gentleman was a student at UNM. But not just that…he was a basketball player.

Ok, now this goes back a lotta years. You have to be a Lobo fan or at least an Albuquerque resident from way back to remember these names…

This guy played under Gary Colson, who was the UNM savior after the misdeeds by our ol’ friend Stormin’ Norman Ellenberger.

(god, this is going back, NM style….bonus points if you ever ate or had a drink at Stormin’ Norman’s restaurant)

So, recovering from the scandal, UNM ended up having a *really* good team. The main players were pretty well known, kind of local celebrities.

There in my very classroom, next to my portly, middle-aged math teacher, stood none other than Alan Dolensky, UNM basketball player, that guy I saw on the news, Adonis.

Let’s be clear…in the vernacular…this guy was *foine* I’m not gonna lie to ya, I’d had a bit of a crush on him anyway, and then he shows up as my teacher.

All youthful, he had to be what? 20? 21? athletic, tall. Wow.

Well. It wasn’t long before that high B in geometry dipped to a low C.

I would *love* to blame the poor teaching skills of Mr. Dolensky (and did for many years), but that would be highly unfair.

I’ll just agree to two things…I *might* have been a bit….uh…distracted (c’mon, I had hormones!)….and I might also never have really owned a good math gene (much to the dismay of my engineer father).

So I spent a semester with languishing grades and an emphatic crush. Which *obviously* was never returned.

When report cards came out, I was *mad*.

My C got me flak from my folks, but it was enough to pass, and on I moved to the next course.

But…and I have to be honest, I have never really grasped the foundation of geometry, and it shows. I can’t mentally gauge spatial items very well. I am terrible at packing a full truck (thank GOD for The Good Man. He rocks this department!)

And the worst of it came when I had to take the Graduate Management Admission Test for graduate school. It was *heavily* weighted toward geometry (a fact I understand was later acknowledged and fixed…too late for me, however).

So, I’d done ok grade-wise in high school, but in college, I rocked the house. I got my undergrad with a *smokin’* GPA.

Desperate to get out of New Mexico, I appealed to my parents, who said they’d spring for in-state school. Out of state, I’d have to get a scholarship or a grant that would wave out of state tuition.

(Let me aside here to give it up for my parents paying for my edjumacation. I’m a lucky soul.)

Admission to a university is based on GPA and GMAT score.

So, obviously, a lot was riding on my GMAT score.

On which I scored terribly.

I mean, really, just above “who is this idiot?”

Undeterred and against the advice of the Dean of the Business College, I took the GMAT again. And scored even lower.

Still undeterred, I made an appeal to an out of state school, got a “provisional” admission based on my GPA and a good word from the president of NMSU, but “provisional” meant no scholarships, grants, or ability to wave out of state.

Deflated, I surrendered. Goddamn geometry.

I ended up staying on at New Mexico State to complete my MBA.

Which, honestly, in hindsight, has been fine. I really got a great education in Las Cruces and wouldn’t trade it for the world.

But I often wonder where I would have ended up if my schlumpy but effective math teacher had continued to educate me rather than that awfully distracting virile young man.

DAMN YOU ALAN DOLENSKY! : shakes fists :

There you go, from a salad to an angst.

By the by, I can manage to fit an appropriate amount of salad in a small container…and I can also park straight in a parking space…so I have that going for me.

In other news…I’m also hopeless at chemistry. In the course of my entire education, I was never once required to take a chem. class.

Isn’t THAT something.

Or not.

Oh well, back to my management job at a Fortune 500 company, because, you know, things turned out so poorly….:)

Photo by Khadejeh and found on Flickr.