I haven’t yet figured out how to park these personal updates away from the main page, so it’ll have to be here for now.

New job

I left the startup about 2 months ago and have been employed by this big corporation for almost 2 months now.

I don’t hate the job, I don’t love it either. It’s work. Bunch of meetings, a little bit of analysis, and a lot of hunting down people to get the information I need.

What I like most about the job is that it starts late. I work with West Coast people mostly and they’re 3 hours behind, so I can have some time in the AM to relax, check the news, the market, etc.

The cash salary is nothing amazing, but there’s a stock-based compensation and that’s the main appeal. Except that in this shitty market…it’s going down in value consistently.

I have to stay motivated and perform, at least until I can take my paternity leave.

The work I’m doing is a 100-to-110 type of work. The way I see it, there’s:

  • 0-to-1: create something from nothing
  • 1-to-10: get that thing to a few clients
  • 10-to-100: scale & expand
  • 100-to-110: try to stay relevant, fight obsolescence

I hate 100-to-110. Going forward, I want to be doing 0-to-1 again, as I did with the startup.

The other part I guess is, I’m not feeling that what I’m doing is important. For me, for society, for whomever.

So yeah. It’s a job. It puts food on the table. That’s good enough, I guess.

Allright I got this shit out of my system.

I’ve been in this negative mental space before, and it’s a dangerous place to be. Opportunities are missed, huge mistakes can be made out from seeing the glass half-empty.

Truth is, I am priviledged. Especially in the current macro environment, I should be grateful to have a job and a good salary.

I’ll find a way to appreciate my job, hopefully as I get better at it, make more connections, and become more useful.

New baby

The new baby is almost one month old now, and between her and her older sister, our sleep has been obliterated!

I’m not feeling anything towards the new baby, which is driving my wife crazy (and angry). I don’t know, I guess I don’t get attached to stuff that doesn’t have a conscience yet.

I’m also hosting my stepparents at the moment. Both of them. For 6 months. In a 3-bedroom apartment.

And I’m NOT someone that enjoys promiscuity. The step-father in particular is utterly useless. He’s like a tourist in an all-inclusive. Sometimes just looking at his face I can feel my temper rise. So…that has an impact.

I try to work from the library or a Tim Hortons as often as possible.

Stock market

I’ve gotten massacred this year. I don’t think it had too much of a toll on me psychologically, but it’s certainly on my mind.

$EMO.V in particular has been such a disappointment. Yes, in theory, the value is in the ground. But in practice…I’m down a bunch. I don’t know why I thought this one would be protected from a market downturn.

For whatever reason, I haven’t sold a single share. It’s still a big % of my portfolio.

One of the reasons I didn’t sell when I had a 100% gain on it is…taxes. Fucking taxes. But I’d rather have the money and pay the taxes than be where I’m at now.

I have some cash left to invest but I’m not rushing in. Festina lente. The market is seeing doom & gloom and some prophecies are self-fulfilling. But I am looking at a few companies that I’m hoping to buy for cheap.

In fact, I’ve already bought a few shares of Evolution $EVVTY and a few of Copart $CPRT.

I’d like to buy a bit of $IAC and $IDT.

Until next time, stay cool & stay invested!