The Perfect One

Wow, just glanced at the calendar and realized it’s Thursday. Then glanced at the blog and see zero posts since Monday.

Mercy!

I was all set today to go on at length about how freaking cool my Wednesday was. I got tickets to The Olympic Club and spent the day watching professional golfers at their highest level competing on a pretty tough course.

The day about bowled me over with how cool it was.

But then the day took a turn that bowled me over even more.

So let’s leave today’s post to honor Matt Cain and the perfect game he threw last night in San Francisco.

It’s an awesome day to be a Bay Area Sports fan.

And and even better day to be a Giants fan. I haz a proud!




Don’t bother counting, there are 14 k’s hanging on the wall




Photos from the SFGiants Photos blog, they reserve all rights and it’s used here under Fair Use.


My Official Opinion On The Matter

Been reading up on this whole Facebook IPO debacle.

Oh so very ugly.

As I think about it, I am reminded of my old NMSU Finance professor Dr. Hawkins, and his Ten Investment Rules.

And so…my official comment on the FB disaster?

Keep #5 always in mind. And #7 too.



Originally posted December 29, 2010

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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 expert on futures trading.

There was also both undergrad and grad level classes with 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 on ’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 t-shirt 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, put your finger over the “future value” button on your financial calculator and get set.


Uncle Hawkey’s Ten Investment 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 looking at you 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 the initial flurry of the IPO wore off and the stock had settled down.


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 for 2012 I would substitute “man” with “egomaniacal manchild“)

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 slowly but surely dig our way out of these ugly financial times…

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 Mesilla Plaza 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.



Have You Ever Been to my Country?

That’s a very popular question, I’ve found, among the people of Asia. It is like a badge of courage to pay a visit to many of the closely grouped countries.

There is a lot of hometown pride there, and I think I can appreciate that. (ahem, note the title of my blog fercrimenysakes)

As mentioned, my purpose for traveling to Singapore was to meet with a very large supplier who works almost like an aggregator. On this trip I was to meet individually with the representatives of fourteen different Asian countries and companies.

Without fail, after introduction, one of the first questions I was asked was “So, have you ever visited my country?”

Since this was not only my first trip to Asia, but my first international trip ever, the answer was always going to be no.

I felt that simply saying no straight out is a conversation stopper. Instead of saying no, I tried to find some way to create a common bond to keep the flow going.

So, for example, when the two ladies visiting from Malaysia asked me if I’d ever visited their country, I replied “No, but my brother lives in Kuala Lumpur.”

“Oh!” they replied, and suddenly we had some basis for common ground.

When asked by the gentlemen from Japan, I replied, “I have not, but my husband has spent some time there and found it to be just beautiful.”

“Oh? Yes!” they replied and we spoke of Tokyo and snow monkeys and moved with ease into business.

But there were two instances of this conversation that really stick with me, now some two weeks hence.

First was the conversation I had with the two gentlemen from Pakistan. We spoke, carefully at first, and later without hesitation, about the many troubles the country of Pakistan is facing and the challenges this causes us doing business together.

One of the two men had gone to university in Australia, so he’d spent time in the Western world and got the chance to step back and see his country with different eyes.

“Do you think you would ever visit my country?” he asked, then said, “It’s very beautiful.”

I smiled and said, “I would like very much to see your country.” Then I looked him square in the eye. “Let me be very candid. Do you think it would be safe for me to make a visit?”

He paused, tried to smile, but a sadness washed over his face.

“I’m sorry to say this, but right now probably isn’t a good time. It’s very difficult for Westerners and especially Americans. I have a hard enough time explaining to my children why these people who do things I don’t understand make it so that I can only go to work and then go home. We never go out because any event like sports or a concert are just too dangerous.”

We were quiet for a moment.

I felt his sadness and I cannot even begin to imagine what that must be like. I really would like to visit Pakistan, to see the beautiful country he described. I often wonder if that could ever happen in my lifetime.

It seems unlikely.

And the other…

I sat at a table with three men from South Korea. One an older man, probably in his 50’s with very limited English skills. The other two were young, probably in their mid to late 20’s with full K-pop hair and dark rimmed glasses.

They were a funny trio, much like a dad and his two kids. One young man spoke pretty good English and he became the spokesperson.

“Have you ever been to my country?” he asked.

I smiled, and stopped to think if I knew anyone among my friends or family who had visited South Korea.

Yes. There is one. My dad.

He was in the Air Force and is a veteran of the Korean War.

Well, I didn’t say that to these men as talk of war, even among allies, isn’t always the best fodder for conversation.

But this fact hit bottom in my soul. I realized…What a difference a generation makes.

It took me a moment to regain my mojo. I smiled and said “No, but my plane will stop at the Incheon Airport on the way home.”

They smiled back.

“You know, that airport isn’t actually in Incheon,” the young man said.

“Oh?” I replied. “That’s like San Francisco. The airport is actually some distance away.”

“I’d like very much to visit San Francisco” he said, and we were back on track.

But I can’t stop replaying that conversation in my memory.

It’s actually rather meaningful.

Every one of the fourteen face-to-face meetings I had was deeply powerful and incredibly worthwhile.

Each group expressed their gratitude that I had traveled such a long distance in order to meet with them.

The travel was good for my program and good for my company.

It was good for me personally, too.

Those fourteen conversations held on the 21st floor of a towering highrise on a sweltering Spring day in Singapore left a lasting impression on my soul.

I look at the world a little differently now.

All that learning to be had just on the other side of a passport stamp.
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To my credit, I didn’t ask a single person “So, have you ever visited New Mexico?”

I thought about it, though.







Facing A Fear…Or, Scratch That One Off The List

Most everyone has heard tell of this fruit they have in Southeast Asia that is really stinky. Most people will give you some sort of description of what they think it smells like including rotting flesh, pee and other unpleasant adjectives.

And of course all of these people who think they know a little something, when pressed, will admit they haven’t ever actually tried the thing.

So on a sultry Tuesday night in Singapore while drinking too much in a brew pub in the Boat Quay district, I was chatting with a coworker and native Singaporean.

He was asking me what were the things I wanted to see and try while I was in town.

I ran down a short list. Then he said to me, “so…do you like fruit?”

I grinned. “Yeah…are you talking about….?”

And he nodded.

Plans were made to get this American girl a taste of the stinky one, the King of Fruits, the Durian.

Thursday was the scheduled rendezvous and a group of us loaded up and headed for the Geylang District of Singapore, also sometimes called the Red Light District.

Despite being heavy on the laws and penalties, Singapore does actually allow prostitution. It’s just one of the many dichotomies of that fabulous city that intrigue me.

But I digress.

After a real hard work week, some coworkers and The Good Man and I found ourselves wandering what I could only describe as the old town of Singapore. The ungentrified part of a very gentrified city. I said to The Good Man “I’ve been looking for the soul of Singapore and I think I just found it.”

For among the clean streets and new glass and metal high rise buildings and a western sensibility in an Asian community, the Geylang showed me something different. A little more dirty. A little more dangerous. A lot more fascinating.

Dinner was an outside affair in a honest to goodness alleyway. The waitress told the ladies to watch their purses and anticipation for the meal ran high.

In addition to Durian, my Singaporean friend wanted me to try bullfrog porridge. I said ok.

We started with some Carlsberg beer to up the courage and soon the plates began flowing out of the open air kitchen.

We started with an oyster omelette (which The Good Man pointed out was like a Hangtown Fry without the bacon) and some beautiful sliced venison cooked in soy sauce and green onions.



I had to take a photo just so I could remember



While the chopsticks got to working and we discussed just where in the densely populated Singapore would actual wild deer be found, the main event landed on our table.

In two pots, one containing rice congee and the other chopped up chunks of bullfrog. I took some of the spicy variety and dug in.

Very tasty. Tender and quite mild like a very fresh scallop. No, it didn’t taste like chicken and by the way this is not the first time I’ve eaten frog. The congee gave a nice backer to the spicy frog meat.

As we ate, even more food came out including grilled calamari, stingray (the second time I had this), prawns and a heaping plate of clams.

It was a feast and the company was great, the surroundings gritty (but good) and the weather was about as steamy as you can imagine.

In short, one of the most perfect meals ever in my little life and a memory that will linger with me for years.

After we stuffed ourselves silly then cleaned up with the aid of several tissue packs, it was time to take a walk.

Dessert lay ahead and we were ready.

Across a very busy road and in an open air stand backed only with hanging tarps, we found our destination.

The prickly Durian fruit, piled high, odor filling the air.



I don’t know what the spray painted colors mean



My Singaporean friend went over to the vendor, a guy with a short, sturdy knife in hand, and began speaking in local dialect. He told us later he assured the guy that he wouldn’t pay for the fruit if it was bad, he needed to see inside, they haggled over price, and so on.

A fruit was chosen, the guy hacked it with precision and it was presented to the rest of us who were seated at another plastic table in a Geylang alleyway.




Each of those long strips has three sections to it



First impressions: It doesn’t smell that bad. It probably helped that we were outside and I understand some varieties of Durian smell more than others.

For me, it wasn’t the smell I struggled with, it was the texture. The fruit itself is like a custard inside a thin skin. You grab a section of the fruit (it pulls apart easily as there is a large pit inside each section) and just bite in. First bite my mouth registered “this is not a fruit” because it tasted kind of, well, savory.

But as I chewed and swallowed, on the back of my tongue, I tasted sweetness. The second bite I tried tasted sweet. Not big time sweet, just a nice mellow custardy sweet.

The more I ate, the more I liked it. I found after two sections, I was done. It was strangely satisfying and quite good.

Someone at our table popped up and went over to the vendors and negotiated for a plastic bag full of another fruit, this time the Queen of Fruits, Mangosteen. Less stinky and easier to open, the fruit inside looked like garlic cloves but tasted tangy and sweet. It was an interesting counter balance to the Durian. I understand they are often served together.

After a few sections of Mangosteen and another bit of Durian I was done. Topped up. Full to the gills and supremely satisfied.

What an amazing meal. What an amazing night.

By experiencing truly local food with the guidance of a resident “fixer”, I found the soul of Singapore.

It sang to the soul of me.

We are forever friends.




All photos Copyright 2012, Karen Fayeth, and subject to the Creative Commons license in the right hand column of this page. Taken with an iPhone4s and the Camera+ app.



The Opposite End of the Spectrum

Yesterday I wrote about my mind bending, artifying, very inspiring trip to the museum. To prove I’m no snobby snobberson, let me tell you about the other thing I did this weekend.

Roller Derby.

Yeah. I know! Roller Derby!!

To be precise, I took in an event featuring the B.ay A.rea D.erby Girls, a flat track league comprised of five teams.

On this night, the match was the San Francisco ShEvil Dead versus the Berkeley Resistance.

The event went down at the Herbst Pavilion at Fort Mason in San Francisco.

Tamales were served.

It was AWESOME!

Of course I toted along my camera gear so I could catch all the action.

Indoors, crap florescent light, and people moving very fast.

My exposure triangle collapsed under its own weight.

I don’t know much about derby, but what I know is this: there is one lady designated as the jammer. She is the only one who can put points on the board. Her goal is to lap the opposing team. Her teammates assist by keeping the opposing team from blocking her progress and they also help try to hold back the opposing jammer.

It’s a lot of knees and elbows and flying females.

In other words: AWESOME!

You know who the jammer is by the star on her helmet.

Like this:





The jammer for San Francisco goes by the name Trixie Pixie. She must be about 90 pounds soaking wet. There would be a big clump of women duking it out, and then *boop* Trixie would pop out from the mass and go flying around the track.

By the end of the night she was my favorite player by far as the ShEvil Dead soundly beat the Resistance.

I came home with about 150 pretty useless photos. That blurry, noisy, streaky photo above is among the best of what I could get.

It may not look like much to you, but to me it’s a happy reminder of AWESOME!