Wednesday, August 20, 2008

My company is falling.. and it can't get up

Getting killed -- or my company is.

I ponder if I should find a new job. The one year differential by finding a new job could be like $40k difference -- is that worth it... long term it may not be a wise career move since I could do well where I am if I hang in there. Many a times in the past I jumped ship and low and behold.. company rebounded with a vengence. But sometimes not. So u never know.

I think the major things keeping me put are
a) I am not that confident in capital markets. I don't know my analytics, rates, credit, etc as well as I should at my age.
b) I am not doing cutting edge technical work right now, so I am losing my edge there too.
c) I really like the people and pace of the company. Project is kinda slow but life is good. Can't complain while I get a nice paycheck.

But this bank may fail. But if it does.. I'll go to Vietnam and live for 6 months on my severence so no big deal I guess.

I'd probably buy some calls and puts and play a short butterfly spread and bet on volatility.

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