“525,600 Minutes” – Happy New Year!

“525,600 Minutes – How do you measure, measure a year?” I woke up early this morning with that song in my head. It is New Years Eve, a big day for me. A day I sit down and write a letter to myself about the year gone by and set some goals for the one to come. What a year it has been. It has been a historic one. For me? Yes. But more importantly for the world.

For the world?

”525,600 Minutes – How do you measure, measure a year?” In homes prices, in bankruptcies, in rate cuts and weekend rescues. In soldiers, in civilians, in guns and surges. In stock prices, in credit spreads, in default swaps and leveraged loans. “How do you measure, measure a year?” In hedge fund failures, in ponzi schemes, in letters to investors. In election results, in new leadership and promises of a better future. In children, in education, in health care and fiscal stimulus. “How do you measure, measure a year?”

For me?

“525,600 Minutes – How do you measure, measure a year?” In new friendships, in workouts, in walks with my dog Sunnie. In games of risk, movies, batches of cupcakes and trips to Canada. In blog entries, in headlines, in stories of the financial meltdown. In CFG meetings, in girls nights out, in trips to the grocery store. How do you measure, measure a year? In board meetings, in business ideas, and in checks for charities. In emails, in sermons, in speeches and trips to Starbucks. In school drop offs, in community and in dreams for a better future. “525,600 minutes, how do you measure a year? How about Love? How about Love? Measure in Love… Seasons of Love.”

Happy New Year!!!

"525,600 Minutes" – Happy New Year!

“525,600 Minutes – How do you measure, measure a year?” I woke up early this morning with that song in my head. It is New Years Eve, a big day for me. A day I sit down and write a letter to myself about the year gone by and set some goals for the one to come. What a year it has been. It has been a historic one. For me? Yes. But more importantly for the world.

For the world?

”525,600 Minutes – How do you measure, measure a year?” In homes prices, in bankruptcies, in rate cuts and weekend rescues. In soldiers, in civilians, in guns and surges. In stock prices, in credit spreads, in default swaps and leveraged loans. “How do you measure, measure a year?” In hedge fund failures, in ponzi schemes, in letters to investors. In election results, in new leadership and promises of a better future. In children, in education, in health care and fiscal stimulus. “How do you measure, measure a year?”

For me?

“525,600 Minutes – How do you measure, measure a year?” In new friendships, in workouts, in walks with my dog Sunnie. In games of risk, movies, batches of cupcakes and trips to Canada. In blog entries, in headlines, in stories of the financial meltdown. In CFG meetings, in girls nights out, in trips to the grocery store. How do you measure, measure a year? In board meetings, in business ideas, and in checks for charities. In emails, in sermons, in speeches and trips to Starbucks. In school drop offs, in community and in dreams for a better future. “525,600 minutes, how do you measure a year? How about Love? How about Love? Measure in Love… Seasons of Love.”

Happy New Year!!!

The Markets, Printing Money and Ben Stein

Last week was a quiet one for the equity markets in general, down slightly on continued bad news regarding the global economy. Retail sales were bad ( down 8% yr over yr in dec) , as expected, witht the luxery goods sector getting hammered ( down 21%). If my visit to the mall yesterday was any indication of what to expect in Jan and Feb… expect a lot of store closures, bankruptcies, and more. What struck me driving in to Stamford was that EVERY building was advertising space available. This was simply not true a year ago.

I am gathering my thoughts and material to both do a 2008 review and a 2009 outlook, but here are a few pieces to get you thinking.

Printing Money and It’s Price – This feature in the NYT Week in Review speaks to one of the biggest themes of the year: America’s credit addiction. Back on January 22nd of this year I wrote this:

For an entry back in NOV on a similar topic – Too Much Debt! Click here.

The second piece worth a read is one my Ben Stein – “They Told Me He Never Lost Money.” Yes he is talking about Madoff but his real point is this. “We are more than our investments. We are more than the year-to-year or day-to-day changes inour net worth. We Are what we do for charity. We are how we treat our family and friends. We are what we do for our community and our nation.” I like that!

This is a glimpse of what is to come in my year end newsletter – sign up on the right if you have not already. Yes it has been a horrible year but there is HOPE. Hope comes from realizing what is important and taking action. Have a great day.