Joellyn and I are headed to Molokai on Thursday morning. We are going to spend tonight in Phoenix and then catch our plane.We plan to do a lot of hiking and beaching and that's about it.
It is probably right that I will simply be working remotely while we are there but still we are looking forward to the trip.
I'm not sure if I can get to the blog on our travel day but I am taking the laptop and will be posting while we are there.
I have two books to read. One was a reader suggestion about the old ABA and for some lighter reading I have Financial Armageddon by Michael Panzner. Joellyn has a couple of other books I can read if I finish those two.
Aloha.
12 comments:
Have a great trip Roger. Just saw you quoted on a CBS Marketwatch story about Citibank. Good quote, sounds like it didn't get mangled in translation! :)
Nice PR for the firm too....
hi Linda, thank you and yes the quote looks correct, lol
Roger, I hope that you and your wife have a lovely, relaxing time. I've Panzer's book as well. Please post your thoughts on it.
Make sure that you constantly monitor the markets, write your blog, review all the new ETFs and avoid any and all enjoyable, relaxing activities so the rest of us will not be envious.
Financial Armageddon is definitely lighter reading.
I'm spending the rest of the week in Morro Bay and all I have to read is a SmartMoney magazine. Sigh.
Roger,
I know you will have a great time. From my home office window here in West Maui, I am looking at the island of Molokai. It’s a sunny, balmy day in the 80s and the whales are still breaching.
If you make it over to Maui, look me up.
Ulli…
Roger.
I'll be in Pittsburgh reading the sports page on how the Pens got their butts waxed by the Sens. Sigh...
Along the lines of your financial read I saw a guy on Amazon recommend this book:
http://thegreatbustahead.com/
Have a great and safe trip, and I'm looking forward to see some pictures on your future "Sunday Morning Coffee" posts.
Oh yes; and...
SELL! SELL! :-)
A supposed money manager jetting off to Hawaii during markets like these??? I'd fire him immediately.
"A supposed money manager jetting off to Hawaii during markets like these??? I'd fire him immediately."
Markets will always be nutty. I think that Roger has generously explained what he thought would happen in the markets (he's expecting the natural ebb/flow)and has positioned his clients accordingly. The fact that he can go on vacation for much needed battery re-charging is testament that he is a terrific money manager.
And, professionals plan for their absence, either by entrusting their duties to competent colleagues or ensuring that they will handle the details themselves.
A supposed money manager jetting off to Hawaii during markets like these??? I'd fire him immediately.
I'm not sure if this is a serious comment, or a joking one, but I want to make this point.
For a long-term investment portfolio, anything that happens in the course of a week or two (typical length of a vacation) is most likely immaterial, irrelevant, and just noise, so an investment manager taking a short break and periodically checking in isn't a big deal.
If we were talking about a day-trading, swing-trading, or short-term option trading it would be a different story.
"A supposed money manager jetting off to Hawaii during markets like these??? I'd fire him immediately."
There is always another trade ! Go to Phoenix, Molokai, or Montana..who cares.... the market will be there when you get back. Enjoy !!
Who says that the market can't be followed nor trades be made from Molokai in 2007? He/she had to be joking.
Of course Rogers wife may kill him if he does. But that's another matter ;).
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