Tag: timing

Magic flies? Or just magic moments?

A man walks into a fly shop and asks “Do you have any whatchamacallits?”

The kid behind the counter points to the bin. “They are the hot fly this year,” he replies, but selling is unnecessary.

“We were killing ’em on whatchamacallits last Saturday. Best fly ever! I need a bunch more,” the man declares.

Fast forward …

The man is standing in a quiet pool, a whatchamacallit on the end of his leader. He spots fish, but the action is slow. He can’t quite figure it out; meanwhile his buddy is standing one pool up, and catching a few.

The man asks his friend what he’s using. The friend replies “chartreuse bead.” He looks down at his box; an ample supply of whatchamacallits peers back. “Can I grab one of those from you, buddy?”

That set of circumstances may or may not be based on actual events, regardless of specificity as to actors, but an intuitive punter would wager on the former.

Did the man originally “kill it” because of the fly, or because of external factors beyond his control?



How not to go to jail for insider trading

I’m not going to jail for trading in Novell. In fact, I’m not going to trial, there will be no indictment…hell, I’m not even going to be investigated.

Several years ago I identified Novell as a buyout target. I will not go into my reasoning, but let’s just say I did so before it actually became a buyout target. I accumulated some shares, and sat tight. The stock languished.

Not even on my radar, I received a notification of the upcoming shareholders meeting. I reviewed my position in the wee morning hours, and concluded it was time to bail. I’m still not going into my reasoning.

Twelve hours later Elliott Associates LP, a fund that holds an 8.5% stake in the company, offered to buy the rest of it for roughly $5.75 a share. The stock hit $6.15 in after hours trading.

I think I got between $4.75 and $4.85 for my shares. During normal trading hours. I won’t be looking at those confirms again.

No steak dinner for me.

Personal utility, timing, and Twitter

I am probably stating the obvious to a whole bunch of folks that understand the idea of Twittering better than I…

I’ve aced Twitter Tools’ daily digest posting.

I first thought it would be a nifty way to keep a diary of random thoughts, indexed and searchable, but I wound up with some time-oriented material that just didn’t make sense getting posted the next day (i.e. miscellaneous use of “today,” “yesterday,” etc.). Second – I’ve realized that is not the purpose nor the real utility of Twitter, at least not for myself. I’ve ignored the whole tagline “What are you doing?” because I’m less inclined to broadcast the tasks at hand or my general whereabouts, versus making a quick inquiry or observation about something (like how many fish I caught). I like Twitter for the latter, but once I tried time and datestamping that type of information it lost some of its intrinsic value – that value being the ability to kick my brain into recall mode (where was my train of thought when that idea or inquiry came out). Some will probably think that you should want that extra data around to hasten the recovery process, but I disagree. I think there are already way too many crutches around trying to organize, manage, and regurgitate – sometimes it’s fun trying to do it on your own. The brain exercise can’t hurt either.

Latest Twitter posts updates are headed to the sidebar. UPDATE: maybe, maybe not.