Dilemma

I have a dilemma. Nothing major. A dilemma nonetheless. On days when I am too lazy to do something educational (draining) with Sasha, I take her to do her nails..and while I wait for her I do my pedicure. I dont do manicures as I find I just scuff my nails within minutes..my pedis last way longer. Anyway, we have tried various places (there is a nail/waxing place say on every block here) but the closest one (one block away) is one we have been to a few times. Unlike the others down the street, with a gaggle of girls Chinese/Vietnemese gossipping in the back room while they wait for their mark/client, there seems to be only one girl at this place. And she has a 4 year old son. I usually just walk in and she is always free...does not bode well for the future of this salon. She is always happy for company and her son is always more than happy to play with Sasha..although Sash tells him she can only play after her nails are dry. Here is my dilemma. I find that the only real relaxing, semi-alone time I have these days is during this pedi session...and I cant really relax with this kid around. He plays well with Sash, and she enjoys the playtime, but he is also seeking his mum's attention. This is probably the reason this salon is not overly popular. I feel that I should get my money's worth and find another regular salon. But I feel for this lady. It isnt easy earning a living while taking care of a kid here. It is unlikely she is able to afford daycare. She asked me this afternoon if I knew if she could register her son in a local school by using her business address. I suggested she ask the school as I have no idea. The funny thing is although her business is a block away from our house she would only be able to register her son in a school that we were not too keen on putting Sash as an option (classes are taught in French)..why? Because of the fact that there were too many apartments in the area. Sounds shallow. But yes, that is the mentality here. High rise apartments are nice to have in the area to give us that "urban" feel..but dont want them to be going to to the same schools. In the school district website, demographic info is available. Snobby? Not really..just trying to get the most out of the school system. As Sasha's future headmistress was quoted recently, "There is no equality, we can only strive for fairness". Anyway, back to my dilemma. Should I help this woman earn a living for her son, or find another place that will give me the attention I am paying for.

Uneventful closing

We were in Chicago for the weekend. I was presenting a paper on private equity to an audience of probably 15 people when D received an email from our lawyers confirming transfer of funds and title. Pretty much the most uneventful closing ever. But yes, The Dot is officially ours. We have redeemed a plane-load of airmiles and booked our tix and will be there for one whole month from mid-July. We have to be back here by mid-August as D has to be in Germany, so our initiation as cottage owners will be short. To celebrate the closing, D and I decided that we had to have kick-ass deck furniture. Somewhere we would enjoy sitting as we enjoy the view and morning coffee. Mind you, because the weather will fluctuate from high 90s in the Summer to minus 30s in the winter, the furniture has to pretty hardy to say the least. And no, the cottage isnt heated or insulated so there will be no point in storing the furniture indoors. I dont believe in buying disposable furniture when I dont need to (especially when it will probably cost more than we save to dispose of the furniture)so in view of the fact that the cottage already comes furnished down to the cutlery, I decided to splurge on something new. So we settled on a couple of these..



Okay, I have to admit that we didnt have to look far. There is a Restoration Hardware down the street so we just settled for something we liked without putting too much effort into it. And they will deliver to the mainland dock/garage that we have so that was also a bonus. We only bought a pair, and hopefully we will buy a couple more or the sofa next year..depends on how much we can afford. We shall see..

I must say that I really like Chicago. I love the riverfront bistros, the museums, the architecture..I dare say that I prefer it to NYC. I know the kids loved Chicago..


Dylan splasing in Millennium Park


Sasha and her new American Girl, Riana Rose...

Busy times

Busy times ahead. I have 3 months to prep and "be" a Canadian law professor to MBA students...what the hell have I gotten myself into.

Okay. It gets worse. When D said hello to The matriach, she was sitting in the exact spot where she and her husband set up a tent while they were building the cottage. She asked him when we were planning to fly up. He reassured her that he fully understood the memories and history of the island and that we were very grateful for the opportunity to purchase it and that we would treat it with the utmost respect. The family reassured D that the dad's ashes would be relocated....this is when I said WTF...yup, the patriach had probably never envisioned the property ever leaving the family and wanted to be laid to rest in his piece of heaven. Am torn..should we have offered them the opportunity to leave him in peace? But the idea of having someone else's ashes on the island is just way too creepy..

D called from his dad's water tower. He told me one of the soon to be ex owners gave him the final walkthrough and a set of instructions for opening and closing the cottage. This is of course crucial when we will be leaving the cottage and its mechanics to the elements for 9 months of the year...most of them at under -20. Those experienced with this lifestyle know that certain items can be left behind while anything containing water (canned food, toiletries, medicines, etc) must be taken offsite. So anyway, the whole family was there for their "last" weekend at their cottage. The 90 year old matriach, her 2 sons, their children and spouses..D tells me you could cut through the tension and sadness in the air. The tension because one brother did not want to sell, the sadness..well, thats totally understandable. The matriach would have spent every May to end August on the island with her kids from the day they built the cottage. I am sure somewhere in that cottage there is a height chart charting their growth..and those of the grandkids. The family is closing a chapter of a 50 year book. From what I understand, the cottage for Canadians isnt just about a waterfront cabin and swimming all day..its about family togetherness across generations..its about building memories, reconvening and reconnecting. Its about frugal living within nature. Its about fun. I am a firm believer that its all about a state of mind, so you can have fun anywhere. I found it difficult to comprehend why these feelings of family togetherness have to be associated with a piece of real estate. Until I spent a few weeks at D's dad's place with random family reconvening and reconnecting. Nothing like sitting on the dock at 5pm with G&Ts while waiting for the steak to cook..life is simple and life is good. While I feel terribly for the previous owners I cant wait to make our own memories and our own height chart.

Busy ....but all good

These are cottage centric days for us. D is at his dad's cottage this weekend. He is meeting one of the soon to be ex-owners this morning for a final walk through. Questions on list 1) How are propane fridges ventilated? 2) How is water from water tank purified? 3)Where is the water pump located in the lake? 4)Where do they hide liquor in winter? D took with him one suitcase filled with solar lamps from Ikea and another suitcase filled with bedding. I was planning to just stock up on bedding when we get there but D is quite fussy about bedding..I must say he can be quite gay about it..sheets must at least be 600 thread count and duvets must be down. I am more style over substance...so you can appreciate why bedding decisions must be made jointly and carefully. We also threw in a train set for Dylan and I am getting books and toys shipped to my sister in law's place. She has kindly offered to take anything we send to her to the lake.

I am finding stocking up a second home that is so far away and so remote to be a bit of a challenge. First, the fact that anything purchased here has to either be shipped to family or brought over when D flies there or when we all fly out in July is a serious consideration. Second, anything brought onto the island can only be disposed off at a cost. So for example, the packaging of the bedding was a serious consideration as they had to fit into a suitcase. I also had to get rid of any superfluous packaging as any trash from our cottage would need to be taken by boat to the marina (cost of time and gas) and a fee paid for the disposal of each bag of trash. Made me realise how overly packaged some items are..such a waste. Because of this disposal cost, every purchase has to be thought off in long term. So the duvet covers we had to absolutely love as they will be there for many many years. Cost was also an issue..as usual..but it is surprising how bedding for 4 beds (2 Doubles and 2 twins) can seriously add up. We also have to think about the impending necessary capital expenditures..electricity, boat, and dock ..so my thoughts on decor style over the next few years..very very cheap and chic. Think repainting old furniture with a mix of Scandi chic (Ikea-fy the sucker of a shack). So of course I head to the book store to get inspiration..why are books on cheap and chic decor so expensive??!! Seriously...

Final leg

So D spent last weekend at the cottage inspecting it for the first time. He went with his dad, elder brother and the agent. After the inspection he went back to his Dad's place, climbed the water tower his brothers and his dad built way back when and called me to discuss the path we should take. The cottage is much smaller and run down than he anticipated. I pretty much figured it would be due to the price, and the fact that it was built by the owner himself. D was comparing it to his dad's place.....


Our place


D's dad's place

....... which has soaring high ceilings, electricity, was designed by an architect to mirror a ship-like structure, and has a dishwasher. I reminded him that when he was a kid he spent his summers in the "old" cottage which was built by D's grandpa and his dad only built the new place when he turned 60...we have a ways to go. D is worried that there is no "yard" for the kids to play on. I told him in a couple of years when we have the cash we will barge in loads of soil and dump the soil within a retaining wall. And the whole idea was to look at the lake, not a lawn. If I wanted to look at a lawn I would just landscape the one we have here. He said he was playing devil's advocate. I reminded him that he is the one with the childhood experience of cottaging and he is the expert..and the expert cannot play devil's advocate. I reminded him that it is location, location, location. It is the closest to the family and more importantly, the family with medical degrees in case of emergencies. I also think he forgets that I used to spend my "summers" in Parit Buntar so I am sure it cant be more run down than some of the kampung houses I used to spend time in. I mean, this has a bathroom whereas I used to spend mornings freezing my ass off rinsing myself from the cement pool aka mandi cebok. The house we can rebuild, the dock we can rebuild..the location can never be changed. I want my kids to learn their version of mandi cebok, to understand that water is damn precious, to appreciate why we use environmentally friendly cleaning products, to have a tire swing, to absorb the fact that we work damn hard to improve our lives and nothing comes automatically. So we are going ahead...the bank has given the green light.

OK. Not so excited. Just realised that there may not be newspaper delivery out there...hmmmm. More importantly, how do I get my Thai fix...holy guacomole, what have I gotten myself into???

The ice has thawed although the leaves are nowhere to be seen in the great white north. D will be heading out this weekend to the shack for the first and final inspection. Apparently the agent will be flying him out there. These pics were taken a couple of days ago..we are quite excited.

The weather has been glorious, the children have been amusing. All should be on the up today. But let me tell you the one thing that will bring you back down to earth..a meeting with the insurance agent. Our agent M has bi-annual meetings with us to update us on our insurance issues and make new recommendations. He is great help, but I always find that after he leaves I get into a sort of funk. At this meeting, in view of our potential decision to stay here for at least a few years and my going back to work, we had alot to discuss. D is turning 40 later this year so we also had to sort out insurance issues before he hit that number..it gets more expensive and more medical tests are needed. We have insurance policies pre-marriage and pre-Dylan, so we had to take the new situation into account. We do not over-insure ourselves but in view of the fact that D is the sole breadwinner, we do take up sufficient insurance to cover family expenses without me having to work up to when the kids reach the teenage years and to provide for their education up to the initial postgraduate. We basically insure the family against a disastrous disruption so to speak. And to of course pay off the mortgage. The mortgage insurance that banks tell you you should take is an expensive scam. Better to use your own cheaper insurance to enable you to decide whether to pay off the mortgage instead of paying to insure the bank against their potential loss. In line with that we have also decided to take up extra disability insurance and some sort of insurance that will pay out if D gets cancer or the like. The disability insurance is to top up that which is provided by his employer. M did us a favour by looking at the employment benefits and pointed out that the employee will only cover D up to 18 months and after that they can make him take up any other (lower) position and payment stops. But who are we kidding..in most cases the disabled employee will probably be fired so we have decided to create our own safety net. The other safety net is in the event D gets cancer etc (touchwood) he has extra cash to play with for experimental treatments anywhere in the world. Best case scenario, we never have to refer to our policies. I suppose worst case scenario, he gets sick, employer ditches him, insurance kicks in, the family income remains, and in addition to state supported medical help, he has extra cash to spend on treatment. At the end of the day, he is the sole breadwinner and it would kill me if he couldnt seek the treatment he needed say in Switzerland or the US because he was worried about keeping a roof over our heads. Some people say insurance is a waste of money. We have, due to no fault of ours, been rear-ended on a highway and had the car totalled. Without insurance we would not have been able to cough up the cash to buy a new one outright. I say insurance is bloody expensive..until you actually need it. A morning spent thinking of death of one and both, physical disability, mental disability, money needed to keep 2 kids clothed, fed and educated (lots of zeroes I tell you), and other depressing actuarial data can be a real downer. But let me tell you, the next day you breathe easier knowing that you have done the best you can to ensure your kids' future..the very best that you can.

Uni down south counter offering. So is Uni out west. Decisions, decisions...

D forwarded a list sent to him by one of his students. This guy had compiled and transcribed a list of Doug-isms said over the term. For those of you who do not know the kind of man I married..this will give you an idea of why we stay together. Laughter.

Quotes from Professor DC
Transcribed and compiled by DS
Winter term, 2010

• On regulating PE: When you get into a bar-fight, you don't hit the person who started the fight. You hit the person you hate the most.
• On his handwriting: My wife doesn't let me write the addresses on our mail. Oh no, it's never going to get there! She says.
• Have you seen this HBO video, Right America Wrong? It's horrifying. So many dumb people in this world.
• If you go first, you can get it out of the way, and if people are mean to you, you can be mean to them the rest of the semester.
• I have to grade people relatively. It's like the Tonya Harding thing. If you break your colleague's kneecaps, maybe you'll be better off.
• I don't have any social life. I'm often bored and lonely in my office, so come by and say hello.
• Grading is inherently subjective, so I try to be as fair as possible and assign the highest grades to the person who buys me the most beer. Just kidding, just kidding... just trying to make light at the beginning of the semester.
• I'm sort of averse to using Lotus Notes... it gives me the heebie-jeebies as they say.
• This is our most important course. At least I like to think so.
• I can say two things about myself: I'm getting old.
• I've got two kids, 1 and 3... I've got bags under my eyes. I don't get proper sleep, ever.
• The three f's: friends, family, fools.
• If someone's in a venture-backed company, that's probably the first thing they'll tell you at a cocktail party.
• If you go bankrupt in Austria, they tar and feather you, string you to a pole, and you're a social outcast forever. People don't want to be venture capitalists in Austria; they'd rather have second families and hide them in their basements.
• People say, who cares about Quebec? Which is fair enough. Anyone from Quebec? I'm kidding, I'm kidding.
• I've been going on the Internet a lot lately... I'm not sure why.
• I like this expression, "negative value added," because I have brothers-in-law and sisters-in-law who fit this description.
• By being systematically stupid, you can lose money even when the market is doing well.
• My wife started calling people, she said, oh my god, I met someone who doesn't know what SMS means.
• on Palm's IPO performance: You know how they say there's no free lunch? This is like a free Yacht.
• I tell my students, when you're working at an investment bank, call me and let me have an IPO allocation. . . in 10 years, I haven't received that call.
• I spent a year working at Royal Bank... they give you nice discounts on your mortgages and a free cheqeuing account.
• If you give me ten million dollars for my lunch, I might say wow, Phi Phi Island is calling me.
• If you're like me, you're a greedy S.O.B., and if I have a lottery ticket, you're not getting any of it.
• We spend too much of our time writing papers, but they're not all totally useless, hopefully.
• Excel has a random number generator, and I just went Kaboom! So if you don't like your group, blame Excel.
• In the event of bankruptcy, debt gets paid first. Actually, there's an exception to that— unpaid employees get paid first. Those damn socialists— I'm kidding.
• I'll tell you his first name, not his last name. Bruce. When you think of Bruce, think of his agency problem.
• You can't just put in a contract: "work hard." Then you'd take people to court and say, you didn't work hard!
• I like to think of the multitask moral hazard as the "favourite child" problem. I have lots of brothers and sisters, all older, and that's the source of all my psychological problems.
• On SA&S: Google those guys on a Saturday night when you don't have anything better to do.
• If you offer a fixed wage contract, you're likely to attract lazy people. It's like giving professors tenure.
• Firm D & C have the same risk, but if I can say, firm D is just a crappy one.
• The next agency problem is free-riding. And I just assigned you to group projects! I've had this problem with coauthors, but now that I've been a coauthor with my wife, I probably free-ride on her a lot more.
• You can't put a Tony Soprano-like clause in your contract and say, if you live this company, I break your kneecaps! But you can have vesting provisions.
• I can see Hao's all mad. It's just an example, don't take it personally.
• I don't want Daria to know that I'm as bad a person as I really am, because then she might tell you guys.
• Someone asks you, what'd you learn here? I learned from Doug how to be the worst person possible.
• On trilateral bargaining: I shouldn't think of it this way, but I often do. It's like dating. I'm dating on person, but maybe I'm also dating this person.
• DC: What's window dressing?
CR: Making things look good for a short term performance review?
DC: I was gonna say, window dressing is... my wife! No no, it was me, pre-marriage, in a bar. We're always trying to make ourselves look better than we are.
• Actually, I have sisters-in-law that I'm not too fond of. They're also negative NPV projects of a sort. Made for an interesting Christmas dinner... anyways, that's why I'm so interested in agency problems.
• I promised we wouldn't go to Vegas, but now that I got the money, I’m definitely going to Vegas.
• In general, people aren't going to do things that give a paycheck to someone else.
• With asset stripping, there's lots of fun things you can do. Steal the photocopier, steal the stapler, pay a nice big dividend to common equity holders, invite the Rolling Stones to the Company Christmas part.
• You can think of this as How to Do Bad Things... just don't leave a trail that suggests you know you were at point A.
• I think there's still a law firm in Toronto called Smart and Biggar.
• DC: Any questions?
SD: No dice.
DC: What does no dice mean?
SD: Well, I guess it would be... "no."
DC: Alright. No dice, then.
• Tonight you can go home and watch American Idol or whatever it is you do on a Wednesday night, or you can look at this web page doingbusiness.org. You can do both, actually.
• Adveq sent an expensive bottle of Wine to everyone that gave us information, so we have a biased sample of people that are alcoholics.
• Is that how you spell commitment? It's one of those things guys don't want to learn how to spell.
• If you work for Kleiner Perkins, buy me a beer sometime, that's all I'm saying.
• I feel like I've read too many contracts. I'm going blind these days.
• That's why it's useful to marry your coauthor so to speak. She's read many of these contracts.
• If you're managing your career, write-offs are like an F.
• I drank too much before class. Just kidding.
• Say we know that Rita is a dirty rotten scoundrel. Sorry I'm picking on you there.
• How do you adjust for the contingency that Kiel gets hit by a bus? You know, he's walking around drunk, and something happens?
• You don't pay someone 2 & 20 to invest in publicly traded securities.
• If you're trying to raise money from institutional investors in this market, you should just bend over and take all your covenants.
• That takes us to 2:18. I could tell you a joke for 2 minutes...?
• I think you guys did a great job. Your classmates were nice to you. I think they were worried about the feedback effect.
• You can spend your evening watching American Idol or Lost, or you can spend your time reading about bank regulation.
• Go play in traffic -- I like that.
• It’s like the captain and the crew abandoning ship. Whoa, thank god I’m out of this crappy venture!
• Those are the people who have to quote-unquote “shut up” during the quiet period.
• When the price [of palm] is $168, then stupid people like my brother-in-law are the buyers.
• Bre-X was really exciting in 1997 if you were in the securities regulation business.
• Wow, this my dream: you take a company public, after 65 months hopefully people won't realize how crappy it is, you sell everything and go retire in the Caribbean.
• I myself am not a big socially responsible person at all.
• I'm not French, as you can tell.
• As a taxpayer, you should be saying, "What the—"
• The computer's just thinking about whether it's going to start up today.
• To RG: Where's your partner? We should give her a standing ovation when she comes in.
• You know group work's not going well when...
• The Newfie joke, paraphrased by DS: Guy's never been off the Rock before. Wants to take a vacation, travel agent suggests Spain. Newfie says, hey, I'm a little worried, because I don't speak Spanish. Agent says no problem; if you need someone in Spain to understand you, just speak real slowly. Newfie gets out of airport in Madrid, lost and confused, finds someone to talk to. “Hell..o... I... am... from.. New.. found... land.” Other guy responds, “wow... I... am... from... New... found... land... too...” First guy says, “if... you... are... from.. New... found... land- and- I- am- from- New- Found- Land- then- why- are- we- speak- king- Span- nish?”
• Franz Müntefering has called PE managers locusts... I dunno, something in the spirit of Germans doing crazy things.
• In the industry, everyone knows Franz and they hate him to bits.
• Let's click on Franz. He gives me a headache, looking at him.
• Instead of watching American Idol, as I like to say, you can click on David Rubenstein.
• I have one other Newfie joke I should tell you before we start valuation. Valuation is a bit boring, so… Why do seagulls fly over Newfoundland upside-down? Because it's not worth shitting on.
• We often have physics-envy in finance.
• If you're doing a deal with my brother-in-law, you can probably convince him of something he shouldn't believe.
• The hockey-stick cash flow projection! You look at this and say— bullshit!
• If people shout out BINGO! while you're talking and laugh at you, you might as well leave. You're not going to get money from those people.
• I think for the CFA exam you need to know 100 to 150 ratios? We want to know five. So don't complain, basically.
• When I did the exam, I had to memorize the normal table too.
• I have to apologize for this error. If you do that on your exam, I'm going to have to be forgiving.
• On Dragon's Den, you don't see people pulling out their cheat sheets and saying, how do I do that calculation again?
• I'm not going to test you on something we didn't cover in class. I have this fear; people know where I live.
• Maybe I was drinking before class.
• It's nice to be a creative accountant. Who says accountants are boring people? They're not.
• Why do we like the NPV method? Even my brother-in-law has seen it.
• You probably did Taylor Series in your first undergrad math class. Bringing back fond memories in the front row, I can see.
• ... That equals... negative 11.53. This my friends, is a negative NPV project. This is my brother-in-law.
• Good question. I might just be mean and put that on your midterm.
• Ah, the 10-year cash flow projection. That's also when you start saying... bullshit!
• In the spirit of manipulating my brother-in-law, It's good to know how this is done.
• If g > r forever, the world explodes.
• These are the companies that paid CFA a lot of money to get them to approve their calculators.
• People are like... good god, can't we do Newfie jokes or something?
• The VC valuation method; I like to say uses a tony-soprano discount factor.
• DC: Anyone watch Snowboard cross yesterday?
SD: Yeah, gold medal! You watch hockey?
DC: A bit. Eight-nothing wasn't it?
SD: Yup. You watch curling?
DC: What are you, crazy?
• My brother-in-law is, as you'd say, not the coldest beer in the fridge.
• This is a roughly normal curve. You could say it's a drunk version of a normal curve. No, I promise I haven't been drinking.
• A long time ago, we were all taking these courses where the lectures were all going over the exact same thing. Lack of communication, that kind of thing. Nobody wanted to say anything, and then one guy actually did! We all wanted to pummel him.
• You guys are stuck for life. If you decide finance isn't your shtick, it'll come back to haunt you.
• My brother-in-law has been so good at losing money for me lately. He's such a horrible person, among other things.
• ...I really did go into a bar before coming here.
• As my wife likes to say, I frequently make mistakes. That's supposed to be a joke... I never make mistakes.
• I'm not going to tell you to go to the library instead of watching American Idol to get these papers. Just download them from the internet.
• I sometimes carry my phone around me because I don't like wearing a watch.
• If you go to an investor and ask to read their contracts, they might politely tell you no, they might laugh at you, they might tell you to read between the lines... [shows three fingers]
• Academics do bad things. We're like little children fighting with each other.
• Debt, convertible preferred, dadadadada... my tongue is getting tired, actually.
• I would have yelled at you, but you're hard to blame here.
• These guys in the US— We like to say they're smartest, the biggest, and the best... and the fattest. I shouldn't say that word.
• My social life has been bad for many, many years, so one of the things I do is I go on the internet and see what other people are doing.
• St. Paul Venture Capital. These guys are in Minnesota. If you've ever seen Fargo, you might say they're not sophisticated. I'm from Winnipeg, which is north of there, so I guess I'm really unsophisticated.
• When you go home to your wife or your girlfriend or your dog, you can talk about why buyouts are leveraged.
• I'm from Winnipeg... I really shouldn't make fun of Newfoundland.
• Oh, you're killing me here! Didn't you do super-well on the exam?
• So, should we have class outside, or what?
• As much as I love music-- I mean, I love American Idol, right? I'm finding that very distracting.
• You guys attracted a lot of aggression today. Good job!
• I can't promise I have any music. Next day we can bring in music.
• Yup. Yup. That was -- Yikes! Oh well. Good good good. Okay!
• DC: Is the door open or something?
CR: No, someone's being extremely loud.
DC: I'm just gonna go out and say, "shut the fuck up."

• This would be a great way to steal from someone. If you meet up with my brother-in-law, say hey, join me in this new venture, but I should get priority.
• If you want to be a dirty rotten scoundrel, you've got a lot of tools right now to go kick someone in the teeth.
• Think of it as a marriage contract with cash flow rights and control rights.
• This is partly why I wear glasses. All these stupid documents.
• You're thinking: Doug's handwriting? Fuck that. ...I don't know why I'm in this mood today.
• I think you can guess who I'm talking about, but I'm going to bite my tongue before I say any more.
• I like this word "redemption." Somehow it has religious overtones.
• Your first question might be, "why care about Europe?"
• When I was single, I spent a couple of winters in Amsterdam doing very bad things.
• My typical response in Europe was, get the hell out of my office.
• Any questions before we go on to IPOs? And we figure out how much of a moron my brother-in-law is?
• The prospectus has to protect your grandmother.
• I ask for these IPO allocations, but nobody ever calls me up. I guess I'm not buying enough beer for people in class.
• I don't see any smiles in the room. She [prof. MC] must be hard on you with her derivatives.
• In Japan, people allocate IPOs to politicians. I thought, oh cool, I'll make a slide on that.
• When we finally got a house, I was like, oh shit, I gotta pay for this. How much did I overvalue this house?
• This is the kind of thing that would send the CEO of the issuing company into the washroom vomiting.
• What does this say? Ristribution? I shouldn't have had that drink before I came to class today.
• SD: I'm just curious... which brother-in-law are you referring to?
DC: That's a bit of a tricky question. It's not on my wife's side, I have lots of sisters-- actually, they all married badly. . . this guy bankrupts farmers for a living . . . it definitely makes Christmas dinners a bit trickier. What can geese do, that ducks can't do, but lawyers should do? . . . stick their bills up their ass.
• I love data, so I just want to show you some data.
• Crazy last 20 minutes there. I feel like I was on drugs or something.
• It's simple for me to do the addition. I'm a simple guy, I like simple things.
• The computer needs a cup of coffee here.
• Wow! I get a bunny rabbit umbrella?
• I've met with some of these guys, and boy, are they ever arrogant.
• Let's take our 10 minute break now; you can buy me cookies, coffee, and orange juice, and I'll happily accept it.
• The questions are: do people lie? And, does it pay to lie? These are questions I've thought of since I was three years old.
• If I don't have any data, I can talk out of my butt and say whatever I want.
• I always try to respond to e-mail within 24 hours. All those I get about hair loss, and, uh, other things? I reply to those too.
• You mean, you don't double-star all my e-mails?
• The more beers you buy me, the better you'll do on the exam.
• On Dragon's Den, who knows what they're jotting down. They could be drawing doodles, or they could be doing simple math like this.
• Valuation is not scientific, though you can get people to think it's scientific.
• I think you can watch Lost online. Why I needed to tell you that, I don't know.
• I addition to data, as you know, I like charts.
• If you were to say that to someone downtown, they'd say, what the hell are you talking about?
• You can tell people, on no, the entrepreneur's dog died, his mother got sick, the economy turned bad-- who could have seen that one coming?
• Aw damn, Kiel’s a bit too honest here. Better submit an accurate report to Chris.
• Think like a three-year-old. When do I lie? Well, I lie when people aren't going to catch me out.
• I put up in a German old folks home for three months. This old lady parked herself outside my door every morning and said, "”Guten Tag.” I'd say, “uh, okay, Guten Tag” back to her, and she'd start talking to me in German. I told her, “sorry, don't speak German!” Same thing happened next morning, she says Guten Tag to me, I say Guten Tag back, and she starts talking to me in German. I say “nope, nope, still don't speak German!” This went on for three months. Three months!
• Does dishonesty pay? Yeah, it does, probably.
• Although, don't tell the dean that I said these things.
• I'll put that in my calendar. 2:30, Monday. Subject: Rita's gonna bug me in my office. Just kidding! Just kidding.
• You can call me the night before the exam. I'll be like the suicide hotline.
• If I hand out to many A-pluses, someone from the administration beats me up in my office. If I hand out to many Cs or Fs, people find my address and beat me up at home.

Sasha is still on her french fries binge. Good thing that I head to McD every morning to stock up Dylan's milk. I have no idea where the closest supermarket is and I would rather be doing something constructive instead of getting lost in Montreal. Like swimming. Sash has newfound confidence due to her swimming lessons so she is quite happy bobbing about in the semi-cold water in her swimsuit. Dylan just wants to put his head underwater, choke, gasp and repeat. Sasha then gets upset when her hair gets wet...this living on an island will be extremely interesting. So I have been coming back to the hotel with bags from McD. People dont know that I am just trying to avoid the $5 glass of milk + tip from roomservice and the bags just contain 10 small boxes of milk as Dylan's daily supply..yes, the kid drinks ALOT of milk. So far the staff think I feed my kids rubbish. Little do they know that my kids dont eat anyway. So tonight, when the babysitter orders her Ribeye from roomservice, my kids will probably be eating french fries.

We are in Montreal for a conference. We took the train yesterday as the kids, hardly ever getting car rides anywhere, are not road trip savvy. It was a 6 hour ride but better that then a 6 hour drive. We woke up this morning to a slew of emails from participants informing us that due to volcanic ash their flights were cancelled. Those from the UK, Belgium, France, NL....tres disaster. This is a very small conference of a select few, and many from Europe. Ah well, the important thing is to concentrate on those that are here. Tomorrow I discuss a paper, sit on a panel and attend the gala dinner (we are having it at a museum) while the kids stay in the hotel room with a babysitter who I know from Adam other than a clear criminal report for 8 to 9 hours. Dylan is not sleeping and woke up 5 times last night. Sasha is not eating anything but french fries. Tomorrow after the babysitting they will be clingy and scared of us leaving every time we even try to head to the bathroom. This will go on for a few days. This is just a recurring nightmare for 2 academics with 2 young kids. Next month, different city (Chicago), same story.

Rellies

This is a picture of Dylan's Grampa at age 1...



This is Dylan at the same age...some say the resemblance is uncanny..I just recall my FIL telling me he couldnt take up neurosurgery as his hands were too big..

Signed

The last family member signed at 8.10 pm last night. Spent the next 2 hours calling up various rellies asking for their help in upcoming inspection of property. D's dad is thrilled as the family now has 4 properties in the area. He will of course be helping D inspect. D's elder brother will also be doing us a huge favour by helping with the inspection as D wouldnt know a septic tank if one hit him on the head. I have decided not to go because the waters are too dangerous for the kids..icy cold..death upon submersion I suspect. Now to deal with banks, interest rates and US dollar rates...sigh.

The island as you can see is teeny-tiny. But the cottage is hidden amongst the trees.





You see that little white dot behind the plane..that is D's sister's place. His dad's place is on the other side of that island.



And this is the shack that will house us for the hopefully many summers to come.



This is going to be one hell of an experience for a KL-lite who thought Seremban was way too rural..

So 3 of the 4 sellers have signed the offer document. The agent expects the youngest child to sign by end of business day tomorrow. D is so damn excited that I doubt he will be able to sleep until the document is signed by all. I am sort of..more apprehensive about the fact I dont have a boat license, hell, I dont even have a drivers license. Our kids dont swim and it is a freaking island. What if there were a medical emergency? I have yet to appreciate this view that we are buying, but my father-in-law has told me that it is one of his favourites in the lake. Did I mention that everything is propane powered and a generator is used to power up lights. Yes, it is totally off the grid. I have only used an out house a few times (in Tunsian/Sahara dessert, Kuala Lipis, and somewhere esle I dont remember)..I am actually going to be using one for 3 months of the year till.well..till like forever.

Postscript

D is coming back early. He thought it was strange that there were so many "religious" radio stations available from his rental car (not that there's anything wrong with religion). He was slightly apprehensive when the person taking him around to the best neighbourhoods took him only to the suburbs off highways. He got a bit scared when he asked where they could get a Starbucks or just coffee as he had been awake since 2am to catch the flight and she had to think for a while and the only place she could think off was where they had lunch. He called me the minute he saw the third billboard sponsered by the NRA and shouted "There is no way in hell I am raising my kids here!!!" His call came through when I had some neighbours over for wine and cheese. They were on the floor laughing when they heard D babbling on about how horrified he was...they reminded him that he was raised in Winnipeg..he shouted "There are 2 Starbucks outlets within a 5 minute walk from my Dad's place..if we don't get shot by some NRA member we would have to take a f*^ing flight out to find one from here!!" They are happy that we are staying. He is on the next flight out.

Waiting to exhale

This week has been one of those "life changing" weeks. I have received a job offer that may involve a move across the border. The offer is extremely generous and is one that many in my line of work can only dream of. It is also a dual offer in that D will also be moved. The Uni wants a tag team working on teaching law students innovation finance. The only "if" in our minds is the fact that it is really down south and we are very happy living where we are, not only in terms of country, city, neighbourhood but even exact geographical location of house (proximity to shops (rumour has it a new Mexx or H&M may be opening 100 metres away), schools, parks, running trails, museums, restaurants etc). But the chance to work under such fair terms is just too tempting. So off D went to tell his boss..who then turned around and made an equally tempting offer. I was asked to meet him at the office 3 hours after D's meeting, with kids in tow, and offered a position that is extremely generous in view of such short notice. You know how you should watch what you should wish for. Where earlier this week we were pretty sure we would be putting away our winter clothing for good..well, now it seems that we have the choice to stay..decisions, decisions. D has gone south to look at houses and the area surrounding the area to see what we will be giving up if we dont move. I am staying put here as we are also in the process of bidding for a summer home. They call them cottages here. We initiated negotiations on Tuesday and this morning our lawyers helped us draw up an offer and we are now just waiting...and waiting..for some rather unmotivated and emotional sellers (mum and 3 children) to accept our offer. If they do then D will immediately fly out to the lake to look at the cottage..did I mention that the offer is being made site unseen. Well, at least by me. The cottage is situated on a 1.5 acre island which is a 5 minute boat ride from D's dad's cottage, and also his sister's cottage and not to forget his brother's cottage. So while I have no idea what this island looks like or the condition of the cottage, D spent every summer since he was born up to when he left the country in the surrounding area. He is extremely excited about raising the kids there, teaching them to waterski, pick blueberries on a neighbouring island, playing board games etc..technically, he has been preparing Sasha for this since birth..she loves the board games she plays with Daddy and she has been taking swimming lessons for the past year. I suspect the island will be the deciding factor in our dilemma..

My baby girl is 4

I still cant believe Sasha is all of 4 years old now. It just seems like last week I gave birth to her...changed her first green poo filled diaper..helped her with her first steps. D got a bit emotional on the day of her birthday (last Saturday) and kept mumbling that Sasha would never ever be 3 again..ah well..cest la vie. We held her birthday in our backyard as it just seemed the easiest thing to do. I only finished teaching yesterday evening so I wasnt about to do anything elaborate. At the end of the day, its all about her and no one else. She had told me months ago that she wanted a pink and purple cake (because thats my favouritest colour everrrr Mummy) with Sleeping Beauty and Cinderella and dinosaurs on top. So I got a few quotes and chose the cheapest and closest supplier. Carolyn who charges $40 and pick up as compared to a bakery that charged $220 and $20 delivery charge. No brainer. Only hitch was that C could not supply the princeses so I found a couple of stickers of the appropriate princesses and dinos that Sash has lying around and stuck them on toothpicks. Sasha chose the loot...flower balloons that also helped decorate the solarium, colourful plastic watering cans and candy kebab. I am a firm believer in edible or reusable loot for children's parties.



I booked the entertainers Sonshine and Brocolli ages ago, as a surprise for Sasha as she attended a couple of music classes they gave last Summer at a neighbours home. They sang for 30 minutes, then we cut the cake.



Earlier that morning I ordered a party sized cheese pizza for the kiddies, an Xlarge gourmet pizza for the parents, made some mango salsa and guacomole, put out some chips and lots of pop and juice boxes. I used to think that the adult spread had to be Malaysian-style ie I had to "feed" the adults...but R my neighbour set me straight and as she said "To hell with the parents, they can go home and eat.Its all about the kids". I am pretty sure that my Mum would have a heart attack if she knew I only served nachos and pizza for my guests, but hey..as long as there are no complaints from the kids, we're golden.



Happy birthday my baby girl!