What really interests me

[luckycanuck]

I got a call from Coffee Snob this morning.  She is in Perth for work and asked if I could send her a workout similar to the one I gave her earlier in the week.  I did one involving rowing, deadlifts, pushups, and burpees, and again she is quite keen to get on it (though she still got some delayed muscle soreness from the last one.)

I also got a call from Andrew Broad, CEO of the VDM Group.  I e-mailed six questions about the capital raising than I am considering yesterday, and today I got a response.  The CEO and I chatted for over 15 minutes and he answered every one of the questions I asked in a quitte satisfactory way.  Apparently they are soon to announce $60 million in new work, their property sale is going well, all the directors are participating with their own money except for one who legally cannot, and this CEO was until last August one of the higher ups in a company that has done quite well recently (and which I considered investing in.)  He was with them a decade ago when they were in dire straits and now they are trading at many multiples of their old value.  In that case, within a year they had jumped sevenfold.  All in all, it was an impressive phone call.  If I am going to participate in this capital raising, I will have to rearrange a few things, but I am now more confident that it is a good idea.

I also had my first foray into margin loans today.  I bought shares in ERA, a uranium mining outfit that has recently been hammered and I think oversold.  The market on it is showing signs of a turnaround.  I'm not getting into margin trading too heavily, and I've put up a lot more security than I needed to using shares I don't plan on selling any time soon so I should be pretty safe from margin calls even if bad things happen.

It struck me today that as my time in Parliament winds down, these things are far more interesting to me than what I actually doing for a living.  I wonder if I will end up doing this for a while.

The Convicts are in the semi-finals this weekend.  I'm still not sure if I will be playing or not.  My neck is pretty good and I am back to doing full on workouts and taking a muscle relaxant when I get home and another right before bed.  I may not know right away whether I will be playing.  It's hard to tell.

YW: AMRAP 15 minutes: Max 30kg shoulder press, max pullups, row 200m.  5 full rounds plus shoulders and pullups.  Totals: 117 shoulder presses, 84 pullups, row 1km.

Comments

[yurusumaji.livejournal.com]

I can't invest worth a damn, just never understood how it all works. Hope the margin loan goes well for you. :)

[luckycanuck.livejournal.com]

I started when I was 18 and was interested before that. I promise you there are a lot of professionals who can't invest worth a damn. Greed can get the better of anyone under the right circumstances.

[yurusumaji.livejournal.com]

I'd always have a paranoid bumblebee in the back of my head telling me all my shit is going to tank and I'm going to end up on the street. Lol! I don't think that, even if I did learn how to do it pretty consistently, I'd ever be comfortable enough with it to do it for a living. The stakes are just too high.

[luckycanuck.livejournal.com]

I've got nowhere near enough to do this for a living. I could give advice though. It would mean training and getting a qualification, and I would have to impress upon people that they shouldn't risk anything unless they are prepared to lose it. You can invest safely and got low returns, but if you want higher returns, you have to be prepared to risk losing.