Contango and backwardation

It's been just shy of 7 weeks since I've posted on this blog, and my only excuse is to say that I've been working so much that during the week I don't know where I am most of the time and certainly can't be bothered to put together full sentences, and during the weekend am in a state of relaxation so profound it can easily be mistaken for catatonia. But let's not dwell on that.

Summer for most people is a time to relax, sleep late and just generally loaf about with a sort of blissful frivolity that underscores the absolute open-endedness of it all. Not for me however. I am up and heading for the office at about 6:55, and am clacking away at the keyboard at 7:25. I step off the desk to end the day at 8:00, and in between I work very hard and learn some cool stuff. Look up the terms that comprise the title of this post and you'll see what I mean. I think finance is a cool place to be, and definitely being around a place where alternative investments get so much play means you can easily learn a lot if you are willing to read a little bit and not be afraid to ask stupid questions. This demanding work leaves little time for my friends, but I do what I can when I can. I am getting an idea of what my life will look like in about a year when I work full time--living for the weekend. But if you get to work around some cool people for those 12-13 hours you are in the office, it can be pretty great. My point is, don't pity the banker for all the work he does and how exhausted he is at the end of the day, because odds are that deep down he really likes it.