February 2009

  • Getting More Out of Outlook

    NEO Pro Here is a great tool I use to manage e-mail better.  It works along-side of Outlook.  It is called Nelson E-Mail Organizer.  It works great for me. 

    An Easy Way to Save Time.  I don't know about you, but I spend a lot of time managing and dealing with e-mail during a normal business day. So, on one hand, it's something that I take for granted. While, on the other hand, it's an area where I'm most likely able to save time or benefit from improvements in the tools or process that I use.

    Over the years, I've tried many different tools to help me search and organize information better. The Nelson E-Mail Organizer (or "NEO Pro") is the best I've found so far. By that, I mean that it's a complete whole product solution (not just a utility) and I use it every day.

    Rather than just listing all the things I like about it, I put together a two-minute video that highlights the features I value most.

    Here is the direct link to the demo video.

    Finding A Needle In A Haystack.  Nowadays, it is easy to suffer from information overload.  For example, I keep my mail in different files. 

    • My corporate mail resides on a server.
    • I also use personal e-mail accounts that are web-based from services like Google and Hotmail.
    • And I archive old mail separately in files that I keep on my computer.

    That makes finding what I'm looking for more difficult than simply using Outlook's built-in search capability. Luckily, NEO Pro works just fine under these conditions. It gives me a unified view into all my e-mail.

    It's Not Just A Search Tool – It's A Better Way to Organize Your Information. 

    There's a difference between a simple search utility and a tool to allow you to organize and filter what you're looking at in useful ways. An easy way to understand this capability is based on time. For example, show me all mail I got today, or this week, or this month. That's useful, but there are so many other ways that I may choose to interact with my mail.

    Distinguish and Deal With Direct Mail Differently Than Bulk Mail.  One of the most useful filters, for me, is to see direct mail from people I care about – separately from the bulk mail and subscriptions that make up most of my message traffic. NEO Pro makes this effortless, and this feature alone would be enough for me to use it every day. What this means is that I can come back in from a meeting and instantly see the things that are important for me.

    Use Categories.  Another way to filter information is to categorize mail in ways that make sense to you. So, I use categories like Technology Newsletters, Hedge Fund News, and Market Commentary.  Of course, you can create categories that make sense to you; so you can read what you want, when you want.

    Find Everything To or From a Person.  Another feature I really appreciate is the ability to see all mail to or from a particular person in one place (even if they have multiple e-mail addresses). In NEO Pro, there is a view lets me do exactly that. Even better, I can access it in one click from any other view.

    In addition, here's a link to their tutorial page where you can investigate other features and benefits.

    Another tool worth looking at is Xobni (which is Inbox spelled backwards).  Learn more here.

  • Getting More Out of Outlook

    NEO Pro Here is a great tool I use to manage e-mail better.  It works along-side of Outlook.  It is called Nelson E-Mail Organizer.  It works great for me. 

    An Easy Way to Save Time.  I don't know about you, but I spend a lot of time managing and dealing with e-mail during a normal business day. So, on one hand, it's something that I take for granted. While, on the other hand, it's an area where I'm most likely able to save time or benefit from improvements in the tools or process that I use.

    Over the years, I've tried many different tools to help me search and organize information better. The Nelson E-Mail Organizer (or "NEO Pro") is the best I've found so far. By that, I mean that it's a complete whole product solution (not just a utility) and I use it every day.

    Rather than just listing all the things I like about it, I put together a two-minute video that highlights the features I value most.

    Here is the direct link to the demo video.

    Finding A Needle In A Haystack.  Nowadays, it is easy to suffer from information overload.  For example, I keep my mail in different files. 

    • My corporate mail resides on a server.
    • I also use personal e-mail accounts that are web-based from services like Google and Hotmail.
    • And I archive old mail separately in files that I keep on my computer.

    That makes finding what I'm looking for more difficult than simply using Outlook's built-in search capability. Luckily, NEO Pro works just fine under these conditions. It gives me a unified view into all my e-mail.

    It's Not Just A Search Tool – It's A Better Way to Organize Your Information. 

    There's a difference between a simple search utility and a tool to allow you to organize and filter what you're looking at in useful ways. An easy way to understand this capability is based on time. For example, show me all mail I got today, or this week, or this month. That's useful, but there are so many other ways that I may choose to interact with my mail.

    Distinguish and Deal With Direct Mail Differently Than Bulk Mail.  One of the most useful filters, for me, is to see direct mail from people I care about – separately from the bulk mail and subscriptions that make up most of my message traffic. NEO Pro makes this effortless, and this feature alone would be enough for me to use it every day. What this means is that I can come back in from a meeting and instantly see the things that are important for me.

    Use Categories.  Another way to filter information is to categorize mail in ways that make sense to you. So, I use categories like Technology Newsletters, Hedge Fund News, and Market Commentary.  Of course, you can create categories that make sense to you; so you can read what you want, when you want.

    Find Everything To or From a Person.  Another feature I really appreciate is the ability to see all mail to or from a particular person in one place (even if they have multiple e-mail addresses). In NEO Pro, there is a view lets me do exactly that. Even better, I can access it in one click from any other view.

    In addition, here's a link to their tutorial page where you can investigate other features and benefits.

    Another tool worth looking at is Xobni (which is Inbox spelled backwards).  Learn more here.

  • Attitude

    I got the following story in an e-mail, several times this year.  It has a nice message.  The thing that interested me, though, was that I got it in several different forms. 

    Jerry is the hero in this version.  It was Mike in another.  Sometimes he got shot, and was allergic to bullets … other times he fell off a tower and was allergic to gravity.  Sometimes it was a plain text mail, other times it was in a PowerPoint attachment.

    Made to Stick:  Clearly it is a "sticky" story that people like to re-shape and re-tell.  So, with no further ado, here it is for you to read for yourself.

    Jerry was the kind of guy you love to hate. He was always in a good mood and always had something positive to say. When someone asked him how he was doing, he would reply, "If I were any better, I would be twins!"

    He was a unique manager because he had several waiters who had followed him around from restaurant to restaurant. The reason the waiters followed Jerry was because of his attitude. He was a natural motivator. If an employee was having a bad day, Jerry was there telling the employee how to look on the positive side of the situation.

    Seeing this style really made me curious, so one day I went up to Jerry and asked him, "I don't get it! You can't be a positive person all of the time. How do you do it?"

    Jerry replied, "Each morning I wake up and say to myself, Jerry, you have two choices today. You can choose to be in a good mood or you can choose to be in a bad mood.' I choose to be in a good mood.

    Each time something bad happens, I can choose to be a victim or I can choose to learn from it. I choose to learn from it.

    Every time someone comes to me complaining, I can choose to accept their complaining or I can point out the positive side of life. I choose the positive side of life."

    "Yeah, right, it's not that easy," I protested.

    "Yes it is," Jerry said. "Life is all about choices. When you cut away all the junk, every situation is a choice. You choose how you react to situations. You choose how people will affect your mood. You choose to be in a good or bad mood. The bottom line: It's your choice how you live life."

    I reflected on what Jerry said. Soon thereafter, I left the restaurant industry to start my own business.

    We lost touch, but I often thought about him when I made a choice about life instead of reacting to it.

    Several years later, I heard that Jerry did something you are never supposed to do in a restaurant business: he left the back door open one morning and was held up at gunpoint by three armed robbers. While trying to open the safe, his hand, shaking from nervousness, slipped off the combination.

    The robbers panicked and shot him.

    Luckily, Jerry was found relatively quickly and rushed to the local trauma center.

    After 18 hours of surgery and weeks of intensive care, Jerry was released from the hospital with fragments of the bullets still in his body.

    I saw Jerry about six months after the accident. When I asked him how he was, he replied, "If I were any better, I'd be twins. Wanna see my scars?"

    I declined to see his wounds, but did ask him what had gone through his mind as the robbery took place.

    "The first thing that went through my mind was that I should have locked the back door," Jerry replied. "Then, as I lay on the floor, I remembered that I had two choices: I could choose to live, or I could choose to die. I chose to live."

    "Weren't you scared? Did you lose consciousness?" I asked.

    Jerry continued, "The paramedics were great. They kept telling me I was going to be fine. But when they wheeled me into the emergency room and I saw the expressions on the faces of the doctors and nurses, I got really scared. In their eyes, I read, 'He's a dead man.' I knew I needed to take action."

    "What did you do?" I asked.

    "Well, there was a big, burly nurse shouting questions at me," said Jerry. "She asked if I was allergic to anything. 'Yes,' I replied. The doctors and nurses stopped working as they waited for my reply. I took a deep breath and yelled, 'Bullets!' Over their laughter, I told them, 'I am choosing to live. Operate on me as if I am alive, not dead."

    Jerry lived thanks to the skill of his doctors, but also because of his amazing attitude. I learned from him that every day we have the choice to live fully.

    Attitude, after all, is everything.

    Triumphant Man on Water 250pIt's Really About Resilience: 

    Lots of articles stress that how we react to challenges can dramatically affect the outcome, influence our health and the quality and length of our lives.

    A new branch of medicine – psychoneuroimmunology – studies the relationship between mental attitude and health. Physicians have found that a positive attitude can result in faster recovery from surgery and burns, more resistance to arthritis and cancer and improved immune function.

    For example, Yale University researchers conducted a 23-year-long study which showed that those who had a positive attitude towards aging lived roughly seven and a half years longer than participants who were dreading reaching their twilight years.

    In "The Survivor Personality," Al Siebert has some interesting insights into why some people are stronger and more skillful at handling life’s difficulties. Interestingly Dr. Siebert says that survivor qualities can be learned, but they can't be taught.

    Are life's best survivors different from other people?  No; they survive, cope, and thrive better because they are better at using the inborn abilities possessed by all humans.

    Will it be easy to think positively and look for the good when things are going bad? Not always; yet cost-benefit analysis indicates that the rewards are well worth the effort.  I have two choices: I could choose to focus on what makes me strong, or I could focus on what makes me weak. I choose to focus on what makes me strong.  I hope you do too.

  • Attitude

    I got the following story in an e-mail, several times this year.  It has a nice message.  The thing that interested me, though, was that I got it in several different forms. 

    Jerry is the hero in this version.  It was Mike in another.  Sometimes he got shot, and was allergic to bullets … other times he fell off a tower and was allergic to gravity.  Sometimes it was a plain text mail, other times it was in a PowerPoint attachment.

    Made to Stick:  Clearly it is a "sticky" story that people like to re-shape and re-tell.  So, with no further ado, here it is for you to read for yourself.

    Jerry was the kind of guy you love to hate. He was always in a good mood and always had something positive to say. When someone asked him how he was doing, he would reply, "If I were any better, I would be twins!"

    He was a unique manager because he had several waiters who had followed him around from restaurant to restaurant. The reason the waiters followed Jerry was because of his attitude. He was a natural motivator. If an employee was having a bad day, Jerry was there telling the employee how to look on the positive side of the situation.

    Seeing this style really made me curious, so one day I went up to Jerry and asked him, "I don't get it! You can't be a positive person all of the time. How do you do it?"

    Jerry replied, "Each morning I wake up and say to myself, Jerry, you have two choices today. You can choose to be in a good mood or you can choose to be in a bad mood.' I choose to be in a good mood.

    Each time something bad happens, I can choose to be a victim or I can choose to learn from it. I choose to learn from it.

    Every time someone comes to me complaining, I can choose to accept their complaining or I can point out the positive side of life. I choose the positive side of life."

    "Yeah, right, it's not that easy," I protested.

    "Yes it is," Jerry said. "Life is all about choices. When you cut away all the junk, every situation is a choice. You choose how you react to situations. You choose how people will affect your mood. You choose to be in a good or bad mood. The bottom line: It's your choice how you live life."

    I reflected on what Jerry said. Soon thereafter, I left the restaurant industry to start my own business.

    We lost touch, but I often thought about him when I made a choice about life instead of reacting to it.

    Several years later, I heard that Jerry did something you are never supposed to do in a restaurant business: he left the back door open one morning and was held up at gunpoint by three armed robbers. While trying to open the safe, his hand, shaking from nervousness, slipped off the combination.

    The robbers panicked and shot him.

    Luckily, Jerry was found relatively quickly and rushed to the local trauma center.

    After 18 hours of surgery and weeks of intensive care, Jerry was released from the hospital with fragments of the bullets still in his body.

    I saw Jerry about six months after the accident. When I asked him how he was, he replied, "If I were any better, I'd be twins. Wanna see my scars?"

    I declined to see his wounds, but did ask him what had gone through his mind as the robbery took place.

    "The first thing that went through my mind was that I should have locked the back door," Jerry replied. "Then, as I lay on the floor, I remembered that I had two choices: I could choose to live, or I could choose to die. I chose to live."

    "Weren't you scared? Did you lose consciousness?" I asked.

    Jerry continued, "The paramedics were great. They kept telling me I was going to be fine. But when they wheeled me into the emergency room and I saw the expressions on the faces of the doctors and nurses, I got really scared. In their eyes, I read, 'He's a dead man.' I knew I needed to take action."

    "What did you do?" I asked.

    "Well, there was a big, burly nurse shouting questions at me," said Jerry. "She asked if I was allergic to anything. 'Yes,' I replied. The doctors and nurses stopped working as they waited for my reply. I took a deep breath and yelled, 'Bullets!' Over their laughter, I told them, 'I am choosing to live. Operate on me as if I am alive, not dead."

    Jerry lived thanks to the skill of his doctors, but also because of his amazing attitude. I learned from him that every day we have the choice to live fully.

    Attitude, after all, is everything.

    Triumphant Man on Water 250pIt's Really About Resilience: 

    Lots of articles stress that how we react to challenges can dramatically affect the outcome, influence our health and the quality and length of our lives.

    A new branch of medicine – psychoneuroimmunology – studies the relationship between mental attitude and health. Physicians have found that a positive attitude can result in faster recovery from surgery and burns, more resistance to arthritis and cancer and improved immune function.

    For example, Yale University researchers conducted a 23-year-long study which showed that those who had a positive attitude towards aging lived roughly seven and a half years longer than participants who were dreading reaching their twilight years.

    In "The Survivor Personality," Al Siebert has some interesting insights into why some people are stronger and more skillful at handling life’s difficulties. Interestingly Dr. Siebert says that survivor qualities can be learned, but they can't be taught.

    Are life's best survivors different from other people?  No; they survive, cope, and thrive better because they are better at using the inborn abilities possessed by all humans.

    Will it be easy to think positively and look for the good when things are going bad? Not always; yet cost-benefit analysis indicates that the rewards are well worth the effort.  I have two choices: I could choose to focus on what makes me strong, or I could focus on what makes me weak. I choose to focus on what makes me strong.  I hope you do too.

  • Capitalogix Commentary 02/06/09

    090206 Obama Life Not Perfect
    Humor usually has its base in truth.

    Perhaps that is why this cartoon caught my eye; it pokes at a sore spot.

    It has been weeks since many people figured things changed.  Not much seems better, yet, does it?

    Emotions are not logical.  So even though I might consciously understand that we are going through a long process, I want instant gratification.  It is human nature.  And that explains a lot about the market in-and-of-itself.

    I once heard that a Recession is when your neighbor loses his job, and a Depression is when you lose yours. With unemployment spiking, a lot more people are feeling "depressed".

    Market Commentary: The good news is that the lows held, and it looks like there's decent support at these levels. It is worth noting that we saw a strong rally anticipating the Senate's Stimulus Plan.

    Déjà vu, though; didn't we see this pattern before?  Last October the markets rallied off the lows in anticipation of the bailout deal, only to move down again once it passed. It will be interesting to see what happens to the market when the Stimulus Plan actually passes. Will confidence spur a further rally, or will speculators have to switch back to bear-mode?

    In a bear market, it's common to see large rallies. So, it wouldn't surprise me to see a rally off these lows. However, it would surprise me if we didn't actually make new lows. Here is a chart comparing the market action from the 1929 crash to what's happening currently.

    090206 Today vs The Great Depression The January Barometer Predicts a Down Year:  I talked about this a few weeks ago; research published by Yale Hirsch in the "Stock Trader's Almanac" suggests that market performance during the month of January often predicts market performance for the entire year. This January Barometer has worked especially well in odd years (the first year of a new Congress), with only two misses in 69 years. While the January barometer has a good record of prediction, StockCharts.com still puts it in the "for what it's worth" column because, while it is interesting to note, it might simply be coincidental.

    It is hard to imagine 2009 being a positive year.  As I talk to business owners, I sense a weariness and fear. The economy is catching up with them, directly or indirectly. An interesting side effect is that some of the more successful entrepreneurs I talk with are starting to get excited about the new opportunities in front of them.  In contrast, several expressed feeling a little guilty and sad about their success in the face of what's happening around them. This is what happens during periods like this. Old models fall away and new leadership emerges.

    Here Are A Few Of The Posts I Found Interesting This Week:

    • Was All The Doom And Gloom At Davos A Contrary Indicator Of Better Times Ahead? (Slate)
    • Obama's Wall Street Initiative: Getting beyond slapping the hand that feeds you. (Daily Beast)
    • Doesn't Everything Use Flash Memory? SanDisk reports $1.8BB loss amid demand slump. (CNet)
    • More tech troubles, Motorola Q4 loss of $3.6BB with sales falling 26%. (CNet)
    • Are Morgan Stanley and Goldman Sachs showing new leadership? Price says "Yes". (Bespoke)
    • Is Stronger Medicine Needed To Fix The Banking Crisis? (Barrons)
    • Facebook growing 7X faster than LinkedIn, but that's not the whole story. (Silicon Alley Insider)
    • Necessity is the Mother of Invention. A new class of start-up ventures (BusinessWeek).

    And, A Little Bit Extra:

    • Jennifer Hudson lip-synced the National Anthem at the Super Bowl. (ABC)
    • Interactive Data Visualization of Twitter Chatter During the Super Bowl. (NYTimes)
    • Crowd Behavior Explained; the herding instinct is chemical. (New Scientist)
    • Mating Season Is Over for the Alpha Males of Banking. Wallet-size matters. (Bloomberg)
    • Professor Uses Math to Decode What Makes The Beatles Music Special. (WSJ)
    • Teleportation Is Now Real – Just Don't Try It at Home Yet. (Time)
    • Verne Harnish Rockefeller Habits one-page strategic planning tool. (Classic & New Version)

  • Capitalogix Commentary 02/06/09

    090206 Obama Life Not Perfect
    Humor usually has its base in truth.

    Perhaps that is why this cartoon caught my eye; it pokes at a sore spot.

    It has been weeks since many people figured things changed.  Not much seems better, yet, does it?

    Emotions are not logical.  So even though I might consciously understand that we are going through a long process, I want instant gratification.  It is human nature.  And that explains a lot about the market in-and-of-itself.

    I once heard that a Recession is when your neighbor loses his job, and a Depression is when you lose yours. With unemployment spiking, a lot more people are feeling "depressed".

    Market Commentary: The good news is that the lows held, and it looks like there's decent support at these levels. It is worth noting that we saw a strong rally anticipating the Senate's Stimulus Plan.

    Déjà vu, though; didn't we see this pattern before?  Last October the markets rallied off the lows in anticipation of the bailout deal, only to move down again once it passed. It will be interesting to see what happens to the market when the Stimulus Plan actually passes. Will confidence spur a further rally, or will speculators have to switch back to bear-mode?

    In a bear market, it's common to see large rallies. So, it wouldn't surprise me to see a rally off these lows. However, it would surprise me if we didn't actually make new lows. Here is a chart comparing the market action from the 1929 crash to what's happening currently.

    090206 Today vs The Great Depression The January Barometer Predicts a Down Year:  I talked about this a few weeks ago; research published by Yale Hirsch in the "Stock Trader's Almanac" suggests that market performance during the month of January often predicts market performance for the entire year. This January Barometer has worked especially well in odd years (the first year of a new Congress), with only two misses in 69 years. While the January barometer has a good record of prediction, StockCharts.com still puts it in the "for what it's worth" column because, while it is interesting to note, it might simply be coincidental.

    It is hard to imagine 2009 being a positive year.  As I talk to business owners, I sense a weariness and fear. The economy is catching up with them, directly or indirectly. An interesting side effect is that some of the more successful entrepreneurs I talk with are starting to get excited about the new opportunities in front of them.  In contrast, several expressed feeling a little guilty and sad about their success in the face of what's happening around them. This is what happens during periods like this. Old models fall away and new leadership emerges.

    Here Are A Few Of The Posts I Found Interesting This Week:

    • Was All The Doom And Gloom At Davos A Contrary Indicator Of Better Times Ahead? (Slate)
    • Obama's Wall Street Initiative: Getting beyond slapping the hand that feeds you. (Daily Beast)
    • Doesn't Everything Use Flash Memory? SanDisk reports $1.8BB loss amid demand slump. (CNet)
    • More tech troubles, Motorola Q4 loss of $3.6BB with sales falling 26%. (CNet)
    • Are Morgan Stanley and Goldman Sachs showing new leadership? Price says "Yes". (Bespoke)
    • Is Stronger Medicine Needed To Fix The Banking Crisis? (Barrons)
    • Facebook growing 7X faster than LinkedIn, but that's not the whole story. (Silicon Alley Insider)
    • Necessity is the Mother of Invention. A new class of start-up ventures (BusinessWeek).

    And, A Little Bit Extra:

    • Jennifer Hudson lip-synced the National Anthem at the Super Bowl. (ABC)
    • Interactive Data Visualization of Twitter Chatter During the Super Bowl. (NYTimes)
    • Crowd Behavior Explained; the herding instinct is chemical. (New Scientist)
    • Mating Season Is Over for the Alpha Males of Banking. Wallet-size matters. (Bloomberg)
    • Professor Uses Math to Decode What Makes The Beatles Music Special. (WSJ)
    • Teleportation Is Now Real – Just Don't Try It at Home Yet. (Time)
    • Verne Harnish Rockefeller Habits one-page strategic planning tool. (Classic & New Version)

  • So Bad, It’s Good

    Microsoft has a new product that people use to create a new genre of really bad music.  I have to admit that I enjoy it, even though it's like watching a train wreck.

    Microsoft just released Songsmith, a product where you sing the words as best you can, and its software supplies computer-matched musical accompaniment. The truth is that it probably has some pretty advanced technology.

    It has become trendy to take a vintage rock video, strip out the instruments, and then let Songsmith process the classic song in "unexpected" ways.  So, if you want to hear the Police's song, Roxanne, differently than you had before … Songsmith is the right tool for that job.

    To make things worse (or better) Microsoft's promotional video for Songsmith is so bad that it is painful to watch.  It is so campy I suspect it was done intentionally to generate buzz. You've got to see it to believe it.

    Here is the direct link. 

    For the record, I'm a fan of Microsoft.  It may not be a popular
    position to take, but I like and use lots of their software.  They come
    up with many innovative things.  The ad, above, may not be their best
    effort. So watch and listen for yourself?

    Here is the result of Songsmith processing the classic Police song, Roxanne.

    Remember, you get to choose lots of options, like tempo, style, and instruments.  So, someone wanted it to sound like this.  Still, it speaks for itself, doesn't it?  Here is the direct link.

    Here's one with a slightly better result … Oasis' Wonderwall.

    Here is the direct link.

    Here are a few other links worth checking.  Remember, real music sounds better when this stops.

  • So Bad, It’s Good

    Microsoft has a new product that people use to create a new genre of really bad music.  I have to admit that I enjoy it, even though it's like watching a train wreck.

    Microsoft just released Songsmith, a product where you sing the words as best you can, and its software supplies computer-matched musical accompaniment. The truth is that it probably has some pretty advanced technology.

    It has become trendy to take a vintage rock video, strip out the instruments, and then let Songsmith process the classic song in "unexpected" ways.  So, if you want to hear the Police's song, Roxanne, differently than you had before … Songsmith is the right tool for that job.

    To make things worse (or better) Microsoft's promotional video for Songsmith is so bad that it is painful to watch.  It is so campy I suspect it was done intentionally to generate buzz. You've got to see it to believe it.

    Here is the direct link. 

    For the record, I'm a fan of Microsoft.  It may not be a popular
    position to take, but I like and use lots of their software.  They come
    up with many innovative things.  The ad, above, may not be their best
    effort. So watch and listen for yourself?

    Here is the result of Songsmith processing the classic Police song, Roxanne.

    Remember, you get to choose lots of options, like tempo, style, and instruments.  So, someone wanted it to sound like this.  Still, it speaks for itself, doesn't it?  Here is the direct link.

    Here's one with a slightly better result … Oasis' Wonderwall.

    Here is the direct link.

    Here are a few other links worth checking.  Remember, real music sounds better when this stops.

  • Are We There Yet? Some Changes Happen In Slow-Motion.

    Change is a constant. Yet it's often hard to see the forest for the trees. 

    It seems like just yesterday that my son, Zach, was making sand castles on the beach. This week he turned 16 and is driving.  It reminds me of line from a song in the show, Fiddler On The Roof: "Sunrise, Sunset; Sunrise, Sunset … Swiftly Go the days."

    Zach Building Sand Castle on Margate Beach 200p                   090130 Zach at 16 200p 

    On a day-by-day basis, I rarely noticed the change. However, looking at old pictures makes it obvious that there was growth and progress. 

    So, what did I notice?  Sometimes it was what a great kid, or how loving, he has been.  Other times I noticed that he didn't eat his vegetables, or that he drives passionately with a very heavy foot.  In any case, what I focused on is what my life seemed filled with, to me. 

    Unfortunately, that is what has been happening in the markets as well.  There is a lot of fear, uncertainty and doubt because people are focusing on what is wrong or what is missing.  And frankly, the world has given us a lot of opportunities to focus on that lately.

    But that isn't all there is to focus on in the market.  I was talking to an old trader friend of mine, this week, and said he is "cautiously optimistic" because the lows have held even though everything but the kitchen sink has been thrown at the markets recently.

    It is all about perspective, isn't it?

    Here is a series of photos starting with Bush and ending with Obama. In the series, the differences from picture to picture are subtle.

    Bush to Obama

    This is also a metaphor for what I expect to happen over time. We are where we are. It doesn't really matter how or why we got there. We are here. And little-by-little we won't be here anymore.

    If you are looking at the country or the economy, realize that it took years to get here. Simply changing a regime won't flip a switch.  Some changes happen in slow-motion.  Or, perhaps from our perspective, some changes appear to happen in slow-motion.  From a different vantage point, the rate of change might seem very different.

    The same can be said for changes in a person are changes in the business. It's easy to see the gap between where you are and where you'd like to be. Regardless, you will probably get there faster by building momentum and confidence by focusing on the improvements and progress you're making.

    Tough times are great opportunities to discover character.  I'm often amazed at the innovation and insight that occurs at times like these.