Friday, February 12, 2016

Patrick's Diary - 2/10/2016

I felt a little bit guilty because Slate Coffee Roasters refunded me 4 bucks through my credit card. This started with my suspicion on the receipt they sent to my working E-mail address. I definitely didn't buy a green tea at their store, so I called them but the phone wasn't picked up. Then I sent them an e-mail to question. Several minutes later, I realized that my son might buy it because I noticed it located close to UW Campus. Then, I sent another follow-up E-mail to verify with them while texting my son to verify too. Yes, my son did buy a cup of green tea at the store, which was odd because he generally didn't buy any drink at a coffee shop. In addition, he shouldn't know my working E-mail address, how come did the store send a receipt to me? Anyway, the result was that the store sent me a link to bring me onto their website to exchange secured messages with them, then they said they were going to refund me only because they didn't want me being so nervous. I didn't expect them to do it after I mentioned I was fine with the transaction. My only concern was how they could get my working E-mail address, which caused me thinking about credit card fraud. After I found the refund in my online credit card transactions, I felt a little bit absurd on myself. I will stop by their store to buy a cup of coffee next time when I pick up my son at his dorm. 
As you had learned on public domain, our company is going to layoff people again. It says starting with executives and managers but you never know where it eventually goes. However, working for others always carries a risk of losing your job. I already feel pretty lucky that I landed at a safe harbor in November, 2007 right before financial crisis cascaded to drive people losing jobs and being out of the markets for years. I remember that I could have started with my employer in the summer in 2007 but the job offer was delayed until November after a mass hiring event. Interestingly, I received two offers in one letter: one was extended from the job I interviewed for in the summer, another was the outcome from that hiring event. Looking back into the past more than seven years, I treasure my experience with the most dynamic program during its challenging years and eventually witnessed it taking off. Afterwards, I have enjoyed my life for quite a while though it may be an even tougher challenge in others' eyes. Is it a time for me to change? Anyway, the competitions across the Atlantic and the Pacific are massive. I may still stick with my plan to retire at this harbour if I can, but it's better for my son to open his mind to explore other opportunities after he graduates. I noticed that Nordstrom has had several workshops on their campus recently, as a family member, I may get some discounts at their stores if my son goes to work for them. I am just kidding. However, as speculated by the public, this warning might target to pressure one of the unions to renew less lucrative contract. My role is less important in this environment but my skillsets are more marketable all over the world. In addition, my major at my first college - CUMT was Civil Engineering, so I learned a lot of calculus and physics. If needed, I can pick them up in 3 months. 
Every company tries to dump as much garbage as they can during this quarter, Twitter's earning release wasn't bad compared to others. Stalled users' growth had been well expected, Q4 earnings beat and revenue met. Q1 in 2016 outlook would be disappointing but the whole year might be ok. More importantly, its price had dropped to the hell, I don't see any downside risks given the acceptable earnings and assessment of returned users in January, 2016. I doubled my holding and expect to recover all my loss by the end of the year.

I feel great that I finished reading Economics Rules. I will post a complete book review on my Linkedin page by consolidating fragmental comments I have posted on this blog. Taking a break by finishing reading a novel, I will start reading Ben Bernanke's The Courage to Act. My book review may help Federal Reserve weather this round of storm. I have noticed Yellen has surfaced in public several times in the last two days. I also glanced a title of a report online concerning Fed to lose control of the economy. 





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