As expected, the financial markets are having a very crazy week. Starting Monday, with a shocking -3,000 point DJIA drop (-13%), the week was filled with volatility. It wasn’t the environment I expected to find any opportunity in, but on St Patrick’s Day (Tuesday), I think I found the ‘Luck of the Irish’. Longtime readers have heard my woeful tale of crashed MegaCorp stock options … Continue reading Lucky Inflection Point?
A MegaCorp friend and I are trying to plan a happy hour to catch up, but as is often the case for many these days, she is stuck getting ready for a ‘big meeting’. I can easily remember the meeting-to-meeting work life of MegaCorp and how I might go to 8, 9, or 10 meetings in a day. In between small meetings, I would be … Continue reading Pointless Meetings Are ‘Therapy’?
I worked for three companies during the course of my career. I spent 12 years at the first, was ‘acquired’ by the second (where I spent another 12 years), and capped off my career at the third (for 3 years). All three were large, multinational ‘MegaCorps’ and blue-chip companies. Even though it’s been almost 4 years since I wound down my last days at my … Continue reading Tracking MegaCorp Performance
My friend that snowbirds in Florida during the Winter came back to MN a few weeks ago. We are now three tennis matches and three softball games into early summer. The activities we enjoy each week are inevitably capped with a cold refreshment and often with a visit to a new restaurant/pub. We’ve been to 30+ different places over the past few years! We were … Continue reading Hazy Recollection of MegaCorp
Some people complain about the inefficiency of government, other people complain about the inefficiency of working for a big company. I’ve been spending hours dealing with the nexus of both of these time wasters in getting my income taxes together before the April deadline. Last year, I spent more than 20 hours on the phone trying to straighten out what day I left MegaCorp the … Continue reading MegaCorp Nonsense Doesn’t End in Retirement
It’s now been a full year-and-a-half since I left MegaCorp and early retired. I drive by the corporate campus on the freeway almost daily and always give a quick wave or salute to my former colleagues that are still in the main buildings we used to work together in. Before I announced I was leaving MegaCorp, I wanted to make sure that I was on … Continue reading Have A Great Day, MegaCorp!
Most of 2016 did not bring a lot of growth in the stock market. It wasn’t until Election Day that the S&P500 really took off with gains of +15% behind the so-called Trump Rally, which seems to hinge on corporate and individual tax cuts and simplification. Heaven knows how the Federal government is going to pay for all of that (more about that in next … Continue reading FIRE Station Fun – Calculating Returns