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February 28, 2006

Courage

I was forwaded an email today written by a family friend who has been struggling with leukemia. We have prayed for her and her family as she had gone through numerous procedures, including a bone marrow transplant. She is only thirty and has two boys under the age of five. Here is a portion of her email.

"[My doctor] told us at this point there is no more chemo or alternative treatment options that he can offer to provide a cure or slow the cancer down. It will eventually take my life.

I asked that I not be admitted to the hospital and will make arrangements with Hospice to try and stay home with my family as long as possible until I am physically unable to care for myself on my own. The question everyone asks is when and how will it happen. It could be a few days or possibly a month or two at best. Every patient is different and my ability to avoid infection will play a big factor.

I do hold close to my heart a small seed of faith that I have carried from the beginning of this trial. I do believe in God and His power to heal if it be His will. I ask that you continue to pray for my family and those who take care of me. Please know of our gratitude for everyone’s support, strength, letters and prayers. We are truly blessed to be so well cared for. With all our love."

How I admire her courage and grace in the face of such a heartwrenching prognosis. I have had two close friends pass away of cancer in the last three years. One was my mentor and the founder of the business I am involved in. The other a friend I had known since my teens. They were both near the age of forty when they died. I saw them fight valiantly to overcome the disease, but ultimately like this family friend above accept God's will with dignity and submissiveness.

I often wonder why some are chosen to carry such incredible burdens while other seem to glide through life seemingly untouched by adversity's hand. Yet, it is often those shouldering the heaviest loads who are most willing to reach out to those in needs. May we follow their example.

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February 25, 2006

Ski Day

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The temperature was suppose to hit thirty-five degrees today, which means in the high country it would break thirty; a perfect day for cross country skiing. I bundled up, threw my skis in the Subaru and headed north to Harriman State Park along the Henry Fork of the Snake River.

The best part about skiing, other than the beautiful terrain, is the sound of the skis gliding on the snow. I kept my Ipod off just so I could hear that mesmerizing swish pierce the silence. When I first moved to Idaho, I found the silence amazing. I was so used to the drone of traffic. There are times here when the winds are still that you can go into the mountains and listen and hear absolutely nothing. I don’t do that very often. Mountain lions also thrive on the stillness, and I’m afraid of being pounced. Now when I return to a city, everything seems to be screaming at me.

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As I ski through the woods, I know there are creatures lurking, but they usually remain hidden. Once while skiing at Harriman I heard wolves howling in the distance. I kept a hurried pace that morning. Today, though, in two hours of skiing I saw only one grouse. At least I think it was a grouse. I’m not good at identifying wildlife unless I have a guidebook with me. I did see lots of footprints and scat on the trail. I couldn’t identify what animals they belong to even with a guidebook. I think some of the droppings were from a moose, and as I skied I imagined what I would do if I startled the beast and it charged me. I decided I wouldn’t have a chance. Fortunately, moose don’t make a habit of charging skiers.

I am basically a neophyte when it comes to surviving in the wild. My first line of defense is my cell phone. My second line of defense is to never go anywhere where I wouldn’t be found in a few hours if I fell and broke a leg (or got attacked by a moose). I don’t have a third line of defense.

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February 24, 2006

The Good and the Bad

I’ve tagged myself; not because I’m feeling left out of this whole meme thing, but after a bad week, sometimes it’s good to weigh the bad against the good. (How’s that for poor diction, using both good and bad twice in the same sentence as adjectives and nouns.)

Two things that currently displease me:

1. Avis Car Rental – Turns out I didn’t read the fine print on the car rental contract for my Mt. Rainier trip a few weeks ago. I opened my American Express bill this morning and found a $509 Avis charge. I called to complain, and they pointed out the reservation plainly states I would be charged 40 cents a mile. Plainly states, that is, in fine grey print on a grey background. They also informed me that in addition to the $509 charge, they had just added $46 to my credit card for a parking violation. The phone rep couldn’t tell me which esteemed Washington state municipality issued the ticket but gave me an 800 number to call. No one picked up so I left a message. Now that I think of it, I vaguely remember seeing a piece of paper under the wiper blade of my white rental Caddilac. I just assumed it was a flyer for a windshield repair company, so I left it. I’m done renting white Caddilacs. They attract too much attention.

2. Colorado – A Colorado foundation client I’ve worked with for the last five years called me this week to tell me I was fired. That’s the third Colorado client in the last two years that has canned our firm. Losing clients is to be expected, but it particularly stinks when you’ve done a good job and the circumstance surrounding the firing is bizarre. Makes me want to avoid marketing in Colorado all together.

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Three things that delight me:

1. Ikea - Here in the hinterlands of Idaho we will never have an Ikea store. They tend to favor cities on a coast or inland locales with lake or river access so they can ship their merchandise by barge⎯I haven’t figured out how Phoenix got a store. As a result, when I frequent an Ikea, I can only buy things that fit in Delta’s overhead compartment. Some of Ikea’s merchandise, though, is of such high quality and so inexpensive it’s worth paying the freight charge to have it dropped shipped. Such is the case with their Billy bookcase. Since our move six month ago, my books have been sitting in boxes on my office floor. Now they are happily shelved.

2. Jack Johnson in the Curious George Soundtrack - I haven’t seen the movie, but the music is excellent to listen to while cross-country skiing and grousing about Colorado and Avis.

3. My daughter Breanna calling me up tonight to tell me she just got her ears pierced and it didn’t hurt too much. I guess she believed me when I told her it would hurt less than having her ears cut off.

So there, after weighing the good and the bad it’s three to two. Good wins.

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February 21, 2006

Car Wars

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We bought a minivan the other day. After two SUV’s, a pick up truck, two VWs, six Toyotas, and one pathetic Ford Granada, it’s time to experience life in a minivan. Why relegate ourselves to the practical American family’s vehicle of choice when we were already driving a perfectly good Honda Pilot SUV? Because it builds character. Plus we are a practical American family, who decided that if we were going to drive to Mexico next year we needed to own something Mexicans could fix.

With that in mind, last Wednesday LaPriel and I bundled up on the coldest day of the year⎯snow flying, winds whipping⎯and went shopping for a good old used American minivan. We figured freezing the salesman’s butt off would be a good negotiating tactic.

We had had unpleasant experiences with Ford and Chevy so we zeroed in on the Chrysler Town & Country. Unfortunately, we found the Chrysler minivan has one serious drawback. The back seats are as comfortable as church pews.

We then test drove the Toyota Avalon, deciding we could get by with a Japanese car in Mexico under the theory that if we bought something that wouldn’t break then we wouldn’t have to worry about whether Mexicans could fix it or not. LaPriel really liked the Avalon, but before deciding to buy, for comparison sake, I wanted her to test drive an Audi A6, one of my dream cars. I also wasn’t sure our three kids were capable of sharing a back seat for a several thousand mile journey to Oaxaca without killing each other. Part of me hoped the Audi would be more accommodating in this regard.

By the time we drove the Audi, the roads were snow covered. LaPriel took the wheel with the salesman at her side while Breanna and I sat in back. LaPriel loved the car, but the whole time she was putting the all wheel drive through its paces I stared at the sticker price in the back window and realized I could never justify buying a car that cost nearly as much as our first house.

On a whim we stopped at the Honda-Chevy dealership and spotted a Honda Odyssey minivan that looked promising. Low miles, pretty blue color, heated leather seats, comfortable benches in back, pleasant salesman. Everything seemed in order except for the price, but that minor detail could be resolved with some hard nose negotiations by yours truly. Granted, having spent the past decade rolling over new car leases, I hadn’t engaged in serious car negotiations since graduate school, when we traded in two Volkswagen Golfs⎯one of which was broken and abandoned miles from the dealership⎯for our first Toyota.

LaPriel gave me a discrete I-want-this-van-but-don’t-screw-up-the-negotiatons look before she and Breanna left to pick up my son Bret and have some dinner while I worked out the details with the dealership. Breanna on the other hand broke the first rule negotiating: Never let them know how badly you want what they’re selling.

She squealed, “Please, please buy this van Daddy.” The salesman knew he had me.

Inside, the negotiations got off to a rough start. The salesman walked me over to an open computer and pulled the Pilot’s trade in value off the Internet. Then he sat me down and handed me their opening bid. Sticker price less trade in on the SUV, for which they offered a figure so low it wasn’t even in the range we had just gotten from the Internet.

“I guess I won’t be buying a minivan today,” I said, shuffling my feet to leave. At which point, I realized my tactical error. I didn’t have a vehicle to leave in. LaPriel had the car.

“Just a minute, I’m sure we can do better,” said the salesman. He left to find his manager so I hurried over to the open computer and looked up the blue book value for the minivan.

The salesman returned with his manager and presented a slightly reduced offer. When I turned them down, they tried to get me to name what I was willing to pay. I refused. The second rule of negotiating is never tell the seller your price, and if you are forced to, name a price so low it discourages them.

The most absurd thing about the car buying process is the people who control the dealership’s purse strings are never at the negotiating table. They are always in a back room, probably smoking cigars and watching me sweat via closed circuit television. At one point during the negotiations, I asked the sales manager if his boss in the backroom was grumpy, because every time I would counteroffer, they would only lower their price by a hundred dollars. The manager called his boss on the phone to ask the question, and that was as close as I ever got to the money men calling the shots; a muffled voice over the phone.

I’m too impatient to be a good negotiator. I get bored. To whittle the price down to what I wanted to pay would have taken four hours, twenty-three counteroffers and a willingness to stay long after the dealership had closed. It would have required tantrums and cursing, storming out of the dealership in a huff, only to come back with renewed resolve to beat them down.

In the end we only went four rounds, and then I took one of their counteroffers. I was just too tired to continue, but at least I can say I am a proud owner of a minivan.


February 17, 2006

Deathly Silence

Breanna, Max-the-poodle & I sat on my bed tonight and watched a post tonsillectomy movie, March of the Penguins. What an amazing show. Makes me glad I'm not a penguin. I'd be childless for sure, between dropping the egg on the ice, losing it during a storm or abandoning it due to hunger.

Breanna is making a quick recovery. She's happy as a clam as long as we give her painkiller every four hours.

As for Max, I'm beginning to see the merits of a lapdog. He rarely barks. He's not too demanding, and he likes to hang out on my lap. I did have a little scare last night, though. I woke up to find Max in our bed. He lay so still I was sure he was dead, crushed by my clumsiness. I couldn't hear him breathing. He wasn't moving. Even when I lifted a leg to see if he would jostle, he didn't budge. The leg dropped limply back in place. He stared up with empty eyes just like I found my dog Kody when he passed on. Finally, Max blinked, and I started to breath again. How many times have I come upon my kids asleep and had the same experience, convinced they were gone, praying to hear a breath. And the utter relief at the sound of a tiny burst of air.

February 16, 2006

Poodle Rats

It’s 4 AM and I’ve barricaded myself in my office. Downstairs everyone is asleep except for the wildlife. Nibbles the gerbil is working the night shift on his wheel, as is his custom. I’m used to that. It’s the new addition that has me spooked. Max the dog. He’s our guest for the week while LaPriel’s brother and sister-in-law sun themselves in Punta Cana.

Max, despite his name, is not a large dog. He’s a lap dog, a poodle, used to sleeping where he wants, which is why at 3 AM my bed was filled with LaPriel, my daughter Breanna⎯who is uptight about getting her tonsils out today⎯Max and me.

I decided to move to the couch in the living room where I lay partially awake and mulled over and over the car negotiations I had concluded last night right before we picked up Max. (I’ll write about the absurd ritual of negotiating a car purchase in another post).

There’s a reason I like large dogs. Small dogs are too much like rats and rats scare me. They are extremely smart, they can climb anywhere and they prefer to do so in the middle of the night. I first learned this when I lived in Mexico. I had just moved into a new rental at the base of the volcano Tacana in southern Chiapas near the Guatemala border. My Spanish was poor, so I was still getting over the shock of having somehow misunderstood my companion and I would not be the sole tenants in the house, but instead we would be sharing the other half with a family, our two rooms separated by a partial wall with a curtain and chest of drawers covering the open doorway. I could hear everything they did and said. They could likewise, including hearing my reaction when I first learned about Mexican rats.

That first night, I strung my hammock between two walls and decided against using my mosquito net, even though as is typical for Chiapan homes, there was a gap between the top of the wall and the roof. At midnight I awoke with a start. I thought I felt something shake my hammock. I looked around but didn’t see anything in the dark. The house was quiet, except for my neighbors’ snores. I didn’t switch on the light to take a closer look because I would wake my housemates. I decided I must have imagined whatever it was so I drifted off.

A few minutes later, my hammock moved again, and I felt something run down my body. This time I sprang up and ran for the lights, shaking the entire house. My neighbors were no longer snoring, but muttering the Spanish equivalent of “What the heck is going on?” There on top of the wall, having just climbed over me and up my hammock strings was a huge grey rat, its beady eyes glistening. I shuddered, kept the lights on, and slept very little from then on.

The next evening I installed my mosquito net so that the rats, which continued to use my hammock as a ladder, would at least not climb on me. I also slept with the lights on, and eventually bought a kitten, who three weeks later got into a two AM fight with a rat and nearly lost.

How is Max the dog like a rat? He has the same cunning, and I learned as I lay on the couch, he likes to wander in silence at night and sneak up on people. I nearly screamed when I caught the movement of something white creeping along the living room floor, right by head. Max jumped too. Apparently, he’s not used to people overreacting to his evening strolls. My heart was still pounding when I was returning to the couch after a bathroom break and the dog freaked me out again, this time jostling his tinkerbell collar by the front door. I exited to my office and locked myself in. I think my nerves have now calmed enough to catch a few more hours of sleep.

February 14, 2006

Training Rides

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Stunning Photo of Salt Lake City if My Camara Battery Hadn't Died


My family and I took a training ride to Salt Lake City this past weekend. We need conditioning. Our stamina for long drives is weak, our being-cooped-up-together-and-remaining-civil muscles have atrophied. Thanks to bounteous frequent flyer miles, our motto over the past five years has been if the driving distance is longer than four hours, we fly.

Last month, Camden and Breanna dropped out of their private school and joined Bret in matriculating at the Stein Academy for Wayward Children. LaPriel is the headmistress. I’m the janitor, although not a particularly diligent one. Now that we are all working at home, it seems only logical we should join my virtual office with the Wayward Academy and hit the road this spring for a tour of Montana and Northern Idaho. Hence, we need practice trips to build up our road tolerance.

I met the family in Salt Lake on my return from Seattle so I missed the first leg of the journey. Everyone was in good spirits despite the four and a half hour drive, but it wasn’t a true test because in my absence Camden could sit up front, reducing the population density in back. Still, I think we are improving. The weekend was quite enjoyable.

No fights broke out over who had to sleep on the hotel floor⎯we rent a suite, but Bret and Cam refuse to bunk together. The kids were pleasant on our Saturday morning excursion to the heritage village where we ambled down dirt roads and peeked in pioneer houses.

Swimming at the Dimple Dell Recreation Center in the afternoon was uneventful. I lost the bet with LaPriel that no one would knowingly name their child Dimple. It had to be a nickname. A check of the Babyname Wizard shows that Dimple was the 896th most popular girls name in the 1920’s, although it had died out completely by 1935. The kids lost their bet that I wouldn’t go down the Dimple Dell water slide. Waterslides don’t bother me. I just hate cold pool water.

Saturday evening we took the grandparents to dinner at Samba Grill. This is one of those all you can eat Brazilian restaurants where the waiters serve meat tableside straight from skewers. I must have eaten at too many high-end steak houses, because I found the Brazilian meat to be too salty and tough for my taste.

We visited Temple Square on Sunday morning and prepared for our final test: the drive home. We set a record. Four hours without a fight. Then all hell broke loose. Still, we are improving. Perhaps the détente was due to the inventive travel games. Such classics as find the billboard with my name on it, count the antelope or name the roadkill body parts. On the other hand, maybe my kids are just growing up.

February 10, 2006

Knitting Conventions

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So you’ve probably been wondering what knitters and yard spinners talk about over dinner after a long day of knitting instruction. My hotel in Tacoma was hosting the Madrona Fiber Arts Winter Retreat so I had plenty of time to observe the knitting subculture. Last night, I sat next to a table of twenty women knitters as I ate curry at Galanga Thai. Here is what I noticed.

First, knitters wear their handiwork. Most of the women at dinner were adorned in knitted sweaters, vests and jackets. The yarn harlot wore a beautiful shawl loosely knit in a complex geometric pattern. I recognized her as the yarn harlot because there was a poster in the hotel lobby announcing a signing for her book, At Knit’s End.

These knitters are skilled. No bulky sweaters two sizes too large or floppy hats like my Aunt Marguerite used to give me for Christmas. Only exquisite pieces of fiber art.

These knitters are diligent. Many worked on projects while awaiting their entrees, although skill with knitting needles doesn’t automatically translate into skill with chopsticks. Only half of the women used them.

I didn’t catch all the conversation, because I didn’t want to make it too obvious I was eavesdropping. You can also imagine the noise of so many knitters talking at once. But I was extremely curious what these women would say. Half the fun of travel is learning about folks that differ from you, and when you mostly travel the domestic hotel circuit like I do, the closest you get to other cultures are groups attending trade conventions.

So what do knitters talk about at dinner?

Knitting. Knitting mentors. Knitting conferences. Knitting books. Knitting projects. Knitting disasters. Knitting television episodes⎯apparently Sex in the City had a segment on knitting. How friends don’t let friends knit drunk⎯the saying on a bumper sticker one of the knitters was passing around. What to do with scrap yarn.

Back at the hotel, the lounge was overrun with knitters and spinners, who had set up their wheels and were busy turning fiber into yarn. This is a dedicated group. There would be no carousing. Just knitting and chatting. And the peaceful bond of friends who share a passion for creating beauty with needles and yarn.

February 9, 2006

Mt. Rainier

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I spent yesterday driving a white Cadillac from Walla Walla to Tacoma in search of the perfect shot of Mt. Rainier. I drove a white Cadillac because I had requested a rental car with an XM radio in order to have lively tunes while pursuing my photographic quest. Apparently in Pasco, satellite radios are only installed in white Cadillacs. rainier2a.jpg

I took a southerly route, stopping in Yakima for lunch where I ate the worst mole I had ever tasted. Granted, in addition to the exotic spices and chiles, one of the key ingredients in mole is chocolate. But only a pinch. This mole tasted like Hershey’s syrup. Chocolate covered chicken and broccoli is not good. rainier3a.jpg

After lunch, I learned the southerly route along U.S. 12 offers no views of Mt. Rainier. rainier4a.jpg
The road cuts through a river canyon and is sheltered on both sides by cliffs thick with Douglas Fir. It wasn’t until I headed north along State Route 7, five hours into my journey, I caught my first view of the mountain, its shimmering glaciers reaching into the heavens.

I continued up the twisted road into the park. The higher I climbed, the deeper the snow drifts became until they reached ten feet on each side of the car. I arrived at Paradise Inn at the base of the mountain and readied my camera. I saw nothing. Mt. Rainier, open and inviting from a distance, was more guarded up close, covering itself in a blanket of mist. Only as the sun fell away did the mountain reveal itself in glimpses through the deepening fog.

February 5, 2006

The Number

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Just finished Lee Eisenberg's book THE NUMBER. The number he speaks of is the amount one needs to save for retirement. The subtitle of the book is "A Completely Different Way to Think About the Rest of Your Life." I can't say after reading it I think any differently. Perhaps if I wasn't saving enough for retirement and had no idea what my "number" was or my life goal was to retire at age sixty in order to play golf seven days a week, it would have been more eye opening. I’ve played golf once in the last ten years, and while I like the game, I can’t envision dedicating 40 years of retirement to perfecting my swing.

While most of my investment work is with institutions, I do occasionally dole out advice to individuals if asked. Recently in San Antonio, a lovely 80 year-old woman came up to me after a luncheon I had spoken at. A broker was pushing her to switch a boatload of money from Vanguard to another fund company, and she was confused as to whether to purchase A shares with their upfront commission or C shares with the higher expense ratio and deferred commission. I had to laugh. She was essentially asking whether she should trade in her current portfolio, which she is paying 0.2 cents on the dollar in fees, for an investment pool that costs five to ten times as much and will underperform where she is at currently, even before taking into account the taxes she will incur by switching. I told her to leave the money at Vanguard. She replied her husband thought the broker was a nice man, and they had already decided to move the funds. I wanted to wring the broker’s neck.

At least this couple seemed relatively well off, so the $25,000 they were about to pay in commissions, fees and taxes probably won’t send them to the poorhouse. Unfortunately, the vast majority of Americans will not fair as well. For them, the rest of their lives will pretty much be the same as their current lives: work.

Most Americans save way too little, and pay way too much for lousy investment advice. Plus they have no idea of the demographic time bomb that will hit with in about twenty years when marginal tax rates are pushed up to 50% to 60% in order to pay for social security, medicare and interest on the national debt. Nothing like paying 50 cents on the dollar in taxes on 401K and IRA distributions because our current Congress and President don’t have the guts to fix the fiscal mess both political parties have gotten us into by overspending and overpromising. Somehow Wall Street and financial planners never mention that down the road half of retirees’ nest eggs will go toward taxes, essentially paying interest on debt incurred to pay social security benefits for their parents.

February 4, 2006

Gate Keepers

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Photo by Emma Peascod

I am a professional gatekeeper. In my day job as an institutional investment advisor to endowments and foundations, I get three to four calls a week from private equity managers, hedge funds and others wanting me to look at their products for use with my clients. Usually I try to call them back, because I know how frustrating it can be pushing at gates. Many of these products are good, they just aren’t a good fit at the time, and there are so many of them it’s hard to keep track. Sometimes I get tired of tending the gate, so I keep it closed and hang out a do-not-disturb sign.

One of my night jobs is writing fiction. I guess it’s not really a job, but an avocation. Writing comes with its own set of gatekeepers: literary agents and editors. For the last few months I’ve been sending out query letters, trying to open the literary agent gate. The volume of material agents receive from wannabe authors swamps what I get from investment managers. Hundreds of queries per agent per week. As a result, agents often send back form letters addressed Dear Author. This is perfectly understandable. There’s too many submissions and not enough time.

Angie related her summer internship experience of being on the receiving end of this submission avalanche⎯slush pile is the literary term. She “learned that the slush pile, like the sea, will beat on ceaselessly,” and suggested that the best chance of getting published was by finding someone who knows the gatekeeper.

I took her at her word and a friend of mine was kind enough to make an introduction to a New York literary agent, who in turn is willing to read my manuscript. I packed it up and sent it out via two-day delivery so it would be there before the weekend. Chances are the agent will find my novel is not a good fit for her firm, but I’m okay with that, because after a half dozen form letters, it will be nice to receive some personal feedback. So much of writing is done in silence, as it should be. Yet the thought that my characters might be bouncing around in somebody else’s head this weekend, making themselves known, brings me great pleasure.