July 14, 2018

Ball was Life

Saturday morning basketball

Basketball was my first love. When I moved to Houston back in 2011, I found solace with the hoopers of third grade. They were all easily recognizable -long, slightly overside Nike t-shirts with ball shorts and the nicest basketball shoes their parents can afford. I remember when Sameer got his pair of Jordan 17 - with the protective sticker still on. At the time, Yao Ming was the hottest signing for the Houston Rockets and naturally, due to my black hair, yellow skin and tall, lanky body, I was nicknamed 'Yao' by my peers.

I played pretty damn well for a kid that never watched a NBA game, let alone play a game. I owned the post. I grabbed boards and caught those alley-oops that always ended up as hyper-aggressive lay-ups since we can't dunk yet. My game developed over time and I sort of grew into comfortable power-forward with solid post game. Just today, I played a pick up game at the local park and got hurt on my right leg. Don't know how it happened, but it made it hard for me to walk. I just took a minute to reminisce about my basketball career: elementary legend, middle school rising star, high school quitter and college pick-up hooper. I've been playing all my life and I'm sad it all can end though age or injury.

Totally should kept at it during my younger years and got that mean NBA contract. I mean, look at Jeremy Lin.

Steve Francis and Yao Ming of the Houston Rockets

July 12, 2018

Investment or speculation?

A colleague at work as well as my girlfriend have successfully convinced me to start trading in the stock market. As of today, I am a shareholder of Starbucks (SBUX). They've recently hit a new low within the past couple months, so you know how these markets work - they're bound to bounce back. Right? *nervous laugh* I've read a couple chapters of Benjamin Graham's The Intelligent Investor and I feel like I can switch professions as a day trader tomorrow.

I followed some basic rules of Graham's principals: look for a small gain (don't aim to get rich), buy when the value is low (the recent meeting/restroom debacle) and invest in something that has a rigid history (do not speculate). I feel like I followed these three core principals pretty closely, but obviously, I'm only applying a small percentage of his wisdom. I admit I'm still a baby trader and will need to do a lot of reading, researching and even stock drops.

Let me know if you have any advice or comments in trading to help a young buck get started.

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anstudio © 2018 All Rights Reserved