Tuesday, February 10, 2009

life with no challenge is boring

There is a gargantuan universe out there I’ve been oblivious to all these while. Taking the option module opened my eyes and my mind to markets I never knew existed. I’ve been a tortoise in my shell for more than a quarter century.

There is so much to learn from marilyn and I’m thankful to have her as team mate again. having worked with her for the past 2 terms, we have generated some form of synergy in the process. Sharon is a new addition to the group.

I’m going to give this assignment a good shot and hopefully help secure a decent credit. Indeed, the modules starting from this term on are leaps from the core modules we’ve had in the last 2 terms. Fixed income starts next week and I am eagerly looking forward to discovering more about the financial markets.

The biggest word that sticks out like a sore thumb during studies is – volatility. Everyone wants to measure it.. everyone wants to use it to their advantage. But this is the “A factor” in market investing. People study the trends.. candlesticks, broomsticks, ice cream sticks.. we came up with black scholes to create a perfect risk free portfolio.. but we can never beat it.

I think that’s why some academias like to say investing is more of luck than analytics. If you are lucky..you can blindfold yourself, just throw a dart at a share or derivatives..buy it and make tons of money from it.

Okies. So much for ranting about my studies.. it is really hyped now as I’ve got to get a delta neutral hedge out by tomorrow. I wonder if this really works! We shall see!

Work continues its course. I’ve been taking on more; which includes “inheriting” the crap accounts. I have yet to understand why I’ve been asked to take this on but I am not asking. It’s mundane but I’ll do it nonetheless. This is part of how I earn my keep. Like what dearie says..it’s better to be doing more than doing less. If you’re doing nothing, that’s bad. Imagine if your work is ploughed out to others.. unless you’ve been given a promotion or transfer prior to that..else that might mean you’ll get the boot very soon!

I’m telling myself..If I can do a better job out of what the predecessors did, it’ll be a good proof of my capabilities. =)

Time passes fast these days because there is a lot more to do. so that’s not that all a bad thing..despite I don’t get paid for doing more. Haha!

Training has been more fulfilling these days. I can see my stamina picking up gradually from how I manage long runs. I can go easy for 2 hours and still feel I can do another 10km.

Weekly mileage is still below 60km currently but I foresee things should move up yet another notch soon. It’s not that bad..because running and training are already huge parts of both dearie’s and my life. these days dearie is standing in as coach for me as well – assisting me to achieve better timing.

Later this evening will be a time trial for me. it’s to gauge where I stand and if I can perform according to the split timings laid out by dearie.

Wow. I’m already looking forward to finish work soon and zoom back home..prepare dinner..run out to track.. do the time trial with dearie.. cook dinner and enjoy it with dearie.. then work on assignment..and sleep! My day’s packed but I’m glad I’m learning, challenging myself and sharing life with dearie =)

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