Friday the 13th

Whenever you’ve endured a truly terrible week, then wake up to the realization that it’s Friday the 13th, the sensation churning in your stomach is not a pleasant one! In my line of work, there aren’t many weeks as difficult as this one has been. The sell-off in the stock markets has been unrelenting and nerve-wracking. Your forty years of experience assures you that it’s temporary. History, not to mention the actual record, promises a full and complete recovery in time. Still, because we are human beings with beating hearts and not soulless machines, our stomachs churn. “In time, you say? How much time??” The answer is unknowable. But, that unknowability is the reason why long term investors in stock markets are so highly compensated. The price you pay for high returns is that churning stomach.

Friday the 13th is the least of my worries. It’s just another day on the calendar. Aside from the alleged bad luck assigned to it by the poets, it is a Friday which for me brings relief since after 4:00 this afternoon the world’s stock markets will take a 65 hour break. We all will stop obsessing over it, turning our attention elsewhere to more fulfilling projects. Hopefully we will have the opportunity to watch a beautiful sunset while we ponder how it is that a fluctuating number on our balance sheet has such power over our sense of well being. I will spend some time planning for my wedding anniversary weekend getaway next week. We will have been together for 38 years. I think we will spend some time over in Chincoteague. One of the great things about her is that she fell in love with me when my balance sheet was zero. She stayed in love with me during the six years when every spare dime we had went to educate our kids. Now that the coffers are full—although not as much as they were 5 months ago!—she loves me no less than she ever has.