Friday, February 5, 2010

Buy/Hold/Sell and Money Walking Hot Spots

Journal entry 2/3/10: Weight = 172.0 lbs; Coinage = $1.48, 43 pennies (one wheat), 3 nickels, 4 dimes, 2 quarters; Glass bottles retrieved and deposited = 13; Ground scores = 1.

Journal entry 2/4/10: Weight = 171.8 lbs; Coinage = $1.22, 37 pennies, 2 nickels, 5 dimes, 1 quarter; Significant find = a 9 penny dump near a telephone booth.

Feature Entry: Buy/Hold/Sell
Metaphors lace our language and the financial markets have given us buy/hold/sell. Beyond buying and selling securities, we use the expression in defining many aspects of society including money walking. A few examples follow, opinions that seem to reflect current thought:

Buy: Scott Brown
Hold: President Obama
Sell: Harry Reid


Buy: New Orleans Saints
Hold: Brett Farve
Sell: Indianapolis Colts


Buy: Conan O’Brien
Hold: David Letterman
Sell: Jay Leno

News Outlets

Buy: Fox News
Hold: CBS
Sell: NBC

Female Movie Leads

Buy: Kim Kardashian
Hold: Miley Cyrus
Sell: Lindsay Lohan

On today’s walk, the MoneyWalker ‘s thinking , in a Proustian way, turned to buy/hold/sell in terms of searching or not searching the grounds and facilities of a local bank branch. Several months ago, the location was “hot” and was consistent as a source of coinage, and then less so until recently several visits in a row have yielded nothing. Given the time investment of searching five drive through windows, two ATM machines, a night depository, and three parking lots, is it worth the time and mental energy of aggressive scanning. Maybe it was time to sell. “Oh well, maybe one more visit.” And there they were a quarter, two dimes, and seven pennies in one of the back lot parking lots. “Buy!” “Buy!” “Buy!” “Buy!”

And Kim, if Reggie Bush becomes a sell, don’t forget the MoneyWalker. (Opps, hope Ms. MoneyWalker isn’t reading this post.”


1 comment:

  1. We're obviously on the opposite sides of the political fence but do agree on the late night comedians. I was a big fan of Conan O'Brien and David Letterman before anyone else knew who they were. In fact, I used to write college papers at night while watching the Late Show and that was back in the 80's! Even had a long red nightshirt with his name on it.

    This morning while ralking I passed a man who was obviously trolling the curbs for coins. He was too late. I had already cleaned up. It was interesting to see how I must look to others as my head bobs back and forth while scanning. Right now our gutters are very dirty from melting snow, dirty sand and other unsavory stuff.