Ride

My bike tires start rolling, a right then a left and I slip off the steep hill. Less than two minutes and I’m in the village. It is quiet with a few people wandering about in not much of a hurry. They don’t desire to be back in their quarantine homes either. The village is small and the stores mostly empty. Nothing to see today, nothing to stop for and nobody I know to give a smile to. My ride takes be back up a hill on a divided street lined with trees. Parked cars make the narrow street even more so, a car comes up behind me and I squeeze to the right to let it pass. My pace is good and I glide through the intersections always checking twice for the distracted driver.

Not long ago the city resurfaced Thorndyke Avenue. My 20 mile per hour glide is smooth and I float for almost a mile. I barely hear the tires spinning. After the road flattens out I make a sharp right past the Barber Shop and down to the trail along the tracks of the Balmer Yard run by BNSF Railway. Everyday is different along those tracks but always the sound of the massive diesel locomotives. When the yard is busy I listen as cars driven by gravity are slowed by the Dowty Retarders. The sound is a distinctive clack clack clack and then the boom as the car couples with another. Sometimes the wingless frames of Boeing 737s are on specially built cars. They are green in color, treated to weather the elements. There are fewer now after negligence at Boeing killed 346 people. Orders dried up and still there is not a fix for the software flaw in the system. 

Roots from trees make the narrow path uneven. Heading south the smoother side is the left. It would be nice if the city could shave down the bumps but even so the roots will alway win. More people are riding and walking the path and I’m forced back to the uneven side. I ride by rail cars built to transport oil, coal, goods, grain, cars and waste. Always something going on in the yard.

Expedia’s new headquarters is still under construction. Seems like it’s been years since building started. 4,500 employees are expected. It came with an upgrade to the waterfront path. Someday I’ll stop and explore the new landscaping and enjoy the views. At the height of the work the bike route detoured and at one intersection I met Preston who directed traffic. We always waved and shouted out best wishes but I have not seen him for a while now.

Now I need to be careful along the path and keep my speed to 15 miles per hour or less. Only when the path is empty do I go faster. The multi use trail is typically crowded unless the weather is poor. A grain ship takes on its load at the Pier 86 terminal. 8,000 tons of grain transferred from the silos to the first vessel to take on a load in 1970 just after opening. Grain cars fill the silos and the silos fill the ships. When a ship first docks the water mark rides high and then it eases down into Elliott Bay from the weight of the grain.

At the other end of the trail before I exit onto Alaskan Way there is the Olympic Sculpture Park. My favorite work is Echo the 46 foot tall slender meditating head. The park is a part of The Seattle Art Museum.

To head up to the Pike Place Market it is best to head over the train tracks then make the right to ride up Elliott. If the crossing gates are down I’ll watch the train if I’m not in a hurry. Sometimes they are long. There is a way around by going south and I’ll cut up Western Avenue after the train has entered the tunnel.

It is quiet in the market these days. Some stores are open but only for take out. My tires roll over the cobble stones. In the middle of the day the main street, Pike Place, is too crowded for me to ride. Few people are around now so I ride. Some people still come down to take pictures in front of the original Starbucks. There’s another larger store a block and a half away and many tourists mistake it for the first store. Sometimes I let them know. 

Before I move on there are two breweries to visit. It is carry out only and the people at Cloudburst and Old Stove are grateful to see me and they thank me for wearing a mask.

I’ll take my time going back and maybe it will be by a different route. 

Valuation Skills Course Update


May 1, 2020 – 8 Lessons are now up on the course website. I’ve enjoyed the interaction with several individuals who signed up and I’ve learned quite a bit myself in the process. If you are interested you can start anytime. There is no cost and it is learn at your own pace. Here is a link to the Course Invitation and the Syllabus.

Aswath Damodaran is a Professor Of Finance at NYU Stern School of Business. If you watch this video from minute 12:45 to 17:40 you will gain insight into why I have so much interest in valuation and working with privately held businesses. Valuation is forensic in nature. It is for numbers people and storytellers. Aswath is incredibly generous. He posts many of his courses online via YouTube. He is a significant influence in my understanding and utilization of valuation.

Pay special attention to his second question about company growth.


Musicradio 77 WABC


How did my mind wander here and back to my early years in New York City? The guilty party is Lisa Jenness. Her husband Mike does the work on my two E Bikes. The other day Lisa decides she would like to get an insight into the history of my musical tastes with one of those “I nominate you to…..” threads on Facebook. It did start me to thinking about my early years and music.

This may have been the first record I ever owned. I remember playing this over and over on my 45 record player.

Thinking of this reminded me of always listening to Musicradio 77 WABC. It was the top 40 station in New York City. Mom and Dad did not listen to this station.

So I will give you a few links if you would like to reminisce about those not so peaceful times. The links below after The NY Times article are lists for the top hits of 1967 to 1972. The songs, the artists. Memories! Who can forget Gary Lewis and the Playboys singing “Sealed With a Kiss?” – So we gotta say goodbye for the summer…..

Enjoy! And thank you Lisa!

https://en.m.wikipedia.org/wiki/Billboard_Year-End_Hot_100_singles_of_1967

https://en.m.wikipedia.org/wiki/Billboard_Year-End_Hot_100_singles_of_1968

https://en.m.wikipedia.org/wiki/Billboard_Year-End_Hot_100_singles_of_1969

https://en.m.wikipedia.org/wiki/Billboard_Year-End_Hot_100_singles_of_1970

https://en.m.wikipedia.org/wiki/Billboard_Year-End_Hot_100_singles_of_1971

https://en.m.wikipedia.org/wiki/Billboard_Year-End_Hot_100_singles_of_1972


Super Moon


When Paul and I drove to see the eclipse in Madras, OR it was an interesting time. Many entertaining people present. When I see a full moon I always think that the position of the moon is on the opposite side of the earth in relation to the sun than it was during the eclipse. I always think of that day pretty much anytime I look at the moon.

This picture, taken of a sign in Madras, given the current world situation might add a bit more perspective. Very clever!


Cousins

What makes family members close? What are the forces that push them apart? My cousin Paul’s daughter, Katherine Thompson-Thompson recently inquired of him about the relationship with the four boys in the family. Why were we close especially in our younger years? I am the oldest and Scott , my brother is next in line. Bruce is my oldest cousin and Paul is the youngest of my cousins is turning 50 on Easter Sunday. Kim, my sister came into the picture just before we left New York City in 1972.

From my perspective we have a small family, my father had one sister Anne and my mother was an only child. I suppose it starts with that the size of the family. While Bruce and Paul had a few other cousins from Uncle Winston’s side they were our only cousins. Our families never lived close to each other. Scott and I lived in with our parents Murray and Nancy in New York City and then in Seattle. Anne and Winston lived in Toronto. Bruce remains in the Toronto suburbs and Paul lives outside of Chicago. The last time all five cousins were together was at my Father’s memorial service in 2013.

So Katherine, since you asked…..

Our parents were great friends, well as good friends as you can be living a 10 hour drive away and ultimately with most of the North American continent between them. Anne and my mother kept in touch by writing letters. Phoning Toronto from New York was typically limited to a few hours on Sunday when the long distance rates were at their lowest. They were the ones who kept in touch. Had it been up to Winston and Dad I doubt the families would have been as close as they would have been. Anne and Mom were sisters of different mothers. I remember my Mom hoping Anne and Winston would eventually move to Vancouver, BC but Anne would never leave the older folks that depended on her for day to day care.

Our parents also vacationed together and had fun together. This fun included, spending rainy days in a leaky canvas tent, getting food poisoning, car troubles, marathon games of Rook (Google it) and Coleman Stove meals. Even in their later years they took a few vacations together and those are probably some of their best memories.

When Bruce and Paul were young it was a happy day in New York when the mail delivered the latest letter from Anne describing my cousins’ “Antics” and these were killer stories. Scott and I would beg Mom to read these over and over. Bruce helped Anne out with chores around the house by washing the bathroom walls with soiled cloth diapers from the diaper pail. Pots and pans spend more time on the floor of the kitchen than in the cupboards and every wall was a canvas.

Scott and I were very excited when Bruce was born. I still remember looking in on my sleeping infant cousin Bruce in Toronto and trying to wake him up so we could play with him. He was a little brother.

We all enjoyed hockey, we enjoyed competing, we enjoyed getting into trouble together and when we were together we spent time together. We all liked golf and played as much as we could when at Cape Cod. We played golf before Bruce, Paul and Scott were married.

I can’t say now that we are all close. Paul and I are close and can talk about pretty much anything. We are closer than we are to our own siblings. Part of that was because I had a job that brought me to Chicago several times a year and we had the chance to play a few rounds of golf, head out to coffee to catch up and keep the ties close. It wasn’t always that way. When Paul and Mary were just starting out they were plenty busy and other family members were closer

Now Bruce and Lois will be taking an Italian cruise with Kim and Rick. They will create their own bonds.

Being family does not mean you will be close. Why have I kept in touch with just 2 friends from High School when I had so many friends when I graduated? What about my college friends? In the end, we will be close to the people we are close to and some of them might be family and some not.

To me, if our Moms had not been friends then we would not have been close. Everything else that happened just happened. Well memorable vacations happened together. New Hampshire, Maine, Cape Cod, Prince Edward Island and many more. We left our mark everywhere. But I think at least once a week, Anne and Nancy sat down to write a quick letter to each other, I’m sure many crossed in the mail. Down in the Seattle house basement there are boxes of letters. I’m not sure if Anne has saved my Mom’s but if you are interested in a little history you are welcome to take a look when you venture out West.

Paul and I are close because we talk about meaningful stuff, life, love, work, family, kids, parents, our history, our challenges, our victories and our failings. Yes we talk about golf but to us that is meaningful. Paul knows more about me than anyone in the family. It just worked out that way. But it all started with our Moms being like sisters. Had either of them had a sister it probably would have been different. I don’t think it is much more complicated than that.

Thank you for reading!

The Mole

Beneath countless manicured lawns in America lives the enemy. Rarely seen the mole leaves unmistakeable evidence of its existence in the form of small piles of dirt. Sometimes it is just one or two piles, sometimes more than ten. Left unchecked the mole can transform a yard into a miniature replica of a First World War battlefield.

Ed Granlund took great pride in his lawn. When the first attack occurred he vowed to fight. I’m not sure of his initial strategy but I do know it came to a point where he was losing the battle. Enter The Mole Lady! Three mole carcasses and a couple hundred dollars later Ed was back in control of his lawn. It was impossible for Ed to know that the battle had just begun and this struggle grabbed my interest in two ways. I was intrigued by Ed’s obsession with the pesky creatures and the impact on the appearance of his front yard. Additionally I simply found it amusing that someone would hire The Mole Lady at a great cost. If Ed had hired Orkin it might not have hit my radar but The Mole Lady caught my attention. She gets paid by the kill, a pure business transaction.

After a week went by Ed stopped complaining about the money spent to vanquish his enemy and life in Redmond went back to normal. I was not witness to the moment that all changed so what I am about to tell you is mostly from the account told to me by Sue, Ed’s wife and Ed himself.

It was a beautiful Sunday summer morning. The coffee was brewing in the Granlund household and Ed in his bathrobe stepped out onto his front porch to take in the newspaper. Sue reports a never heard before voice emanate from Ed, a combination of rage and terror. Once she determined the house was not on fire and the world was not coming to an end she discovered the horrible truth. As Ed, from the porch, looked down on his front yard, all he could see was seventy five to one hundred piles of dirt left behind by an army of moles. No part of his lawn was spared and they ran up and down the edges of his driveway all the way over to his garden. It was as if every mole from miles around had come to avenge the death of their fallen comrades.

Inappropriate words came from Ed’s mouth, on a Sunday no less. I can just imagine the thoughts going through his head, looking at his yard all torn apart and the calculation of what it would cost to get rid of the legion of moles. Ed had now entered into the fog of war. Retirement would have to be put off, armed guards hired around the clock and the neighborhood association would issue sanctions on the Granlunds. All that Ed had worked for was gone, gone down the miles of tunnels below his house.

Moles are built for living underground and digging. For the most part they are loners and get together only to mate. Moles can tolerate more carbon dioxide allowing them to live in the confines of their tunnels in a low oxygen environment. They spend their time digging around looking for food, earthworms and bugs. Watering your lawn increases the chance of moles in your yard because water attracts the food moles eat. Vibrations in the soil alert them to danger. The front paws of a mole are built for tunneling with an extra thumb thrown in for good measure. The eyes and ears of a mole are tiny. Looking at them front on all you see are the digging feet and a nose.

Moles do not eat plants but will damage the root enough to kill the plant. They are largely considered to be a pest but according to Wikipedia they are a protected species in Germany. They are an odd creature to be sure.

He is still fuming. Ed’s lawn is a wreck. How does something like this happen? In one moment there is peace and tranquility, in the next, chaos. Life is fragile. One moment your house is an asset the next it is a money pit. Well that’s what friends are for and with friends like Ed’s you don’t need moles. It started as a simple thought and I mentioned to Brian Sargent that it would be funny to put a few piles of dirt on Ed’s lawn just to screw around with him and then have him call The Mole Lady back only to have her find piles of dirt with no tunnels underneath. But we couldn’t stop there.

And so it came to be that late that Saturday night Ed’s two mole friends filled up a metal garbage can with dirt and then proceeded to, with coffee cans, put the little dirt piles all over Ed’s yard. We were sure someone would wake up because we were laughing so hard. And yes I wish I had been there that morning to see Ed’s reaction but to this day I still laugh at the thought of the scene one Sunday morning many years ago. In the interests of Ed’s health we had to fess up to the deed. It was a mole to remember!!!

Thank you for reading!

Twenty Seven Summers

The moment summer begins the days shorten with every full rotation of the earth, first by seconds then by minutes. I enjoy all seasons yet summer is the one I look forward to the most. Summer is the season I miss the most. Summer is color, warmth, smells and sounds, it is life at its fullest with the sun on my face. Even summer rain has a rich texture. And if my life is to be as long as my Father’s then I have twenty seven summers left to embrace.

Now it is July 21, 2014. Another summer is a third gone. I’d meant to write this before spring’s end but life’s been busy, it always is. I need to slow down, soak in each day and remember summers gone by. I need to make the effort to make the most of each day before the air chills and the thin autumn clouds stretch across the sky.

One winter not long ago I was outside in New England a couple hours past midnight. The sky was dark, the air clear and cold. The stars were bright and it was totally silent. It was the dead of winter. Now the nights are full of sounds, tree frogs and insects, all very busy and the slightest breeze shakes the leaves out of their sleep. The summer nights are alive when most humans sleep and I enjoy that time the most when people noise does not keep me from hearing the sounds of the deep night changing as morning approaches. About an hour before sunrise the birds begin to stir signaling the change from dark to light. When the sun is up my awareness of sound becomes less as the visual takes over.

During my high school years I had a morning paper route for the Seattle Post Intelligencer that I worked before going to my daytime summer job. Had I not been up so early to deliver the news to my neighbors I might never have discovered how excellent this time of the summer day is. Nowadays I might linger in bed but often I’m up with the sun. In Seattle I can easily be playing golf by six.

Before my family moved to Seattle I spent my summers in New England, sometimes at camp in New Hampshire and always on Cape Cod for several weeks with my Grandmother. When Nanny moved to South Yarmouth I slept on a couch in the screened in porch. That was perfection, protected from the mosquitoes and skunks. In the Harwich house I retreated to the basement to escape the summer heat but the porch was much better.

So perhaps I have twenty seven summers left including this one. Nothing is certain this is true. I’ve been fortunate to live in perfect summer places, the Northeast, the Northwest and for a short time the Midwest. I’ve already had fifty six to enjoy with great memories.

Blueberries and strawberries
Ice Cream
Cross country drives
Cookouts
Summer camp
Jones Beach on Long Island
Nauset Beach on Cape Cod
Bike rides
Redwing Blackbirds
Mourning Doves
The Milky Way
Lemonade
Cold Beer
Campfires
Marshmallows
Baseball
Cape Cod
Staying up all night
Reading all day
Drive In Theaters
Wednesday the same as Saturday
Fireflies
Stickball in NYC
Fresh cut grass
The ice cream truck
Fifty four holes of golf
Jumping off bridges into cold water
Fireworks
Hotdogs and cookouts
Football workouts
Crickets
Fishing and catching nothing
Fishing and catching Northern Pike
Canoes and rowboats
Learning to ride a bike
Moonrise over the Atlantic on Cape Cod
Sunsets over the Olympic Mountains
Collecting bottles for the deposit money
Fetching balls out of the sewer
The smell of a charcoal grill and burgers cooking
Hikes up Mt. Washington
The sound of distant thunder
The lighting in a dark sky

Twenty seven summers….. What will my list be when those are done?

Thank you for reading!

June 19, 2041


Until last year June 19 was not a day with particular meaning for me. With absolute certainty I had never spent anytime considering this day in the year 2041. That changed when my Father’s heart ceased to beat in the still of a spring night last year. He was ten days short of his 83rd birthday. If I live a life as long as Dad’s I need to keep breathing until this day in 2041.

There is nothing profound in this realization. It was simply another day. Yet it makes me pause for a moment and look 27 years into the future and I think of what I may do with those years and what I will see and learn. It goes by so fast.

“Live as if you were to die tomorrow. Learn as if you were to live forever.” – Mahatma Gandhi

Thank you for reading. Love you Dad!