Those of us who work downtown are, by and large, a fairly drab lot. Brighter and more varied in dress (and, it seems to me, ethnicity) than when I worked downtown in the late 90s, but there are still a lot of dark suits, blue shirts, ties, sensible shoes, etc. That's why I love it when I come across a little knot of bike messengers. I saw a group this morning on High Street. Bright shirts, tattoos on display, much hardware pierced into the face, hair in many colors, etc. The Financial District is the home of a flock of crows, and the bike messengers are the parrots who fly with us.
And I'm trying to stay out of the flock and not sell securities in a panic. I have a lot of stocks and ishares that are getting hit hard - none catastrophically, yet - and other securities that I just feel anxious about. I feel like the market is going through a cathartic self-cleaning that would actually get done sooner and neater if the government would just back away a little bit. I blame our quadrennial presidential foolishness for about 50% of the hype and hysteria. I keep trying to keep myself out of the panic, but it is hard, and to prepare for some bargains for sale very soon. Big, very successful investors that I know and work with are out buying distressed debt and properties and having a ball. Glad someone is.
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