Monday, June 18, 2012

A bet on volatility for Monday

Been following the Greek situation for the last 'x' months, where x is a value I can't remember any more. I've been only keeping mild positions in equities (that haven't been faring so well) and had a position against the Euro for a reasonable profit. Sold EUR/USD at 1.32 and bought back at 1.26, which isn't too bad. I do think that the Euro will continue to decline however.

As of Friday, I've decided on taking a short-term volatility bet since either the ND wins by a small margin and the political landscape remains the same or Syriza wins and the market is going to get a little wild for the coming week. Will be interesting to see where things go and as of this post. The Greek election will close in 4 minutes.

Tuesday, June 12, 2012

The New Job

Time flies; a month has gone by since starting the new job. All that I can say that it is far less technically challenging compared to my last job in R&D and ironically it pays far better and I work less hours. One of those strange things about life.

I now exist in the finance industry now, mainly providing IT support for their back end and back office systems. Interestingly enough the back end technologies that many financial institutions in Japan are so low tech that it is really surprising. If the real IT professionals and the brilliant coders from the places like Google and Facebook came into the IT world, I have no doubt that they could make a killing (and there are probably people that have already done so).

I have been fortunate so far to learn that my boss' attitude to retaining people is "pay them lots of money." So long that I kick some serious butt right now, I can hopefully look forward to some good pay in the future and hopefully a fast tracked promotion at the rate that I am going from first few months.

One thing I do miss, however are the technical challenges of R&D but what I also realized, is that having a good set of technical skills and soft skills are a killer combination for progressing in a large organization. I am now working with people in a new kind of way and I find it fascinating no less.

Maintaining servers can be a little boring but there will be some projects that I will be taking on since my superiors have decided that it might be fun for me to setup some new offices and work with the equipment vendors. Developing business relations too, are just as interesting.