Friday, September 4, 2009

Pursuit of Happyness (spelled wrong I know)

I watched some of that movie last night - its the story of a guy who is broke (living in shelters - truly broke) and working extremely hard at creating a life for himself and his son, its a true story. Whats amazing about it is that the main character never really loses his composure, he doesn't lash out at people, he doesn't blame other for his misfortune - and trust me he has a lot of misfortune. What a rare individual. This is a major flaw of mine, as I have gotten older I have become more petty and I hate it, Im in a business where lots of time its tuff to control your fate over the short term and it can eat you up. I wish I could just turn it off but its not easy - this is how I feed my family - I have to work on dealing with my emotions better.
Anyways back to the markets The SPUZ are up $5, hanging out. AIG is lower by $1.4 (helping that strangle I sold for the time being). We participated in a Chinese IPO today, LIWA, came at $4 - we got a decent allocation - we'll see how it trades. Why the market is up today I have no idea - unemployment was worse than expected - but it is what it is.

JB

No comments:

Post a Comment