Thoughts on the BIG Meeting

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[This Commentary originally appeared in the November 9, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259Everyone suffers the experience of entering into a tough situation. Poets often use war as the hyperbole of a demanding duty. Many of us have the blessed fortune not to have lived through the experience of combat, but stay forever grateful to those brave enough and principled enough to have entered into the fray. The inner feelings of those veterans can never truly be captured. Often, though, we assume only the real dread brought by battle can infuse humbling thoughts or put things into ultimate perspective.

Perhaps that is true, but there remain in our lives events which force our confrontation with formidable foes. While the risk of sudden demise rarely exists, the emotional burden of a quickly paced observation-decision-action cycle endures. We find fields of Continue Reading “Thoughts on the BIG Meeting”

Pittsford-Mendon High School Highjinks

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[This Commentary originally appeared in the October 26, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259For those of you who don’t know or don’t care, Pittsford-Mendon High School’s homecoming weekend fell victim to rude behavior and mass disciplinary retaliation. It seems a few passionate students took it upon themselves to start an egg throwing contest during a Friday pep rally. The ensuing food fight left plenty of smashed eggs, messy clothes and at least one egg-faced teacher.

Not tolerating anarchy in the least, the administration promptly cancelled all homecoming activities (except the games). So much for a fun-filled weekend of parading and dancing. The action of the powers that be so upset the student body that about Continue Reading “Pittsford-Mendon High School Highjinks”

Monday Night Volleyball

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[This Commentary originally appeared in the October 26, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259For years I have played volleyball. In fact, if memory serves correctly, I spent the last two-and-a-half years of high school gym classes dabbling in the sport. Yes, in those days, the team of SC3 proved to be truly entertaining. (You have to read that last sentence with the voice of Howard Cosell in order for it to be really effective.) Of course, the four of us had an advantage – we were always on the same team. That experience of teamwork, and the resulting rapport, far exceeded our scrawny, unathletic builds and helped make our unit equal to much larger classmates – a victory for all 98-pound weaklings.

Though we competed vigorously, no stressful seriousness spoiled our fun. We won some games, we lost some games. We didn’t enforce the rules strictly; after all, our Continue Reading “Monday Night Volleyball”

A Wrangler’s Story

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[This Commentary originally appeared in the October 19, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259Born on February 15th in what was then a small seaport, his father belonged to a noble, but impoverished, family. Dad dabbled in the clothing business, but had an aptitude for mathematics and music. He also had common sense, for he realized that, in those days, none but the chosen few could afford a living in the mathematics or music industry.

The father sent the son to study medicine – always a fine and rewarding industry – at the local University. The proud parent knew the temptation music and mathematics might have on the boy, so he purposely dissuaded him from those fields. The young man, however, already possessed a proficiency in music.

At the University, he incurred the wrath of his professors. He simply refused to accept Continue Reading “A Wrangler’s Story”

The Faces of the Week

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[This Commentary originally appeared in the October 12, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259Take a close look at the people you pass by every morning on the way to work. You’ll find most faces exhibit the same traits. I began my character study on the mindless Monday morning of last week (you know, the one where the cloudy gray dawn urged you to stay in bed until the last possible minute).

For years I have walked from the South Avenue Garage, through the Chase-Lincoln building, across the skyway (or is it the “shyway”), into and out of Midtown Mall before finally crossing Euclid Street and the reprieve of a solitary office. Facing people too early in the morning might lead to an embarrassing mistake (like forgetting their Continue Reading “The Faces of the Week”

Legalize Drugs?!

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[This Commentary originally appeared in the October 5, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259In a recent CBS-New York Times survey, 64% of the respondents named drugs as the nation’s top problem. The high degree of attention currently being paid to our country’s drug epidemic may be due to President Bush’s initiatives of just about a month ago. (A similar poll taken last July revealed only 22% of the people claimed drugs to be the nation’s number one plight.)

With all the political news coming from Washington D.C. and the war stories emanating from Columbia, the issue of uncontrolled use of controlled substances has supplanted Continue Reading “Legalize Drugs?!”

Outfitting Today’s Athlete

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[This Commentary originally appeared in the September 28, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259The last time I bought sneakers Jimmy Carter occupied the White House, the Dow Jones Industrial Average dragged along at 800, and the city of New Haven provided its first taste to a freshman from Rochester. The old fashioned red, white and blue Nikes I purchased saw much action. They cushioned my soles against the city pavement when I walked the half mile each way to Science Hill (and Ingalls Rink). They accompanied me on the intramural battlefields, (but witnessed precious little action in the many squash courts which dotted the campus).

After graduation, the sneaks helped cut grass – their white skin becoming progressively Continue Reading “Outfitting Today’s Athlete”

Can America Compete? (Part II)

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[This Commentary originally appeared in the September 21, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

Part Two – A Living Example of the Risk-Return Tradeoff

This is the second of two commentaries aimed at exploring a novel approach to determining our nations’ true standing in the world economy. Last week we looked at the risk-return tradeoff, the idea that risky investments are more likely to have higher returns (and larger losses) than safer investments.

CarosaCommentaryNewLogo_259Earlier this year, a Siberian valley explodes suddenly. The cause – a leaky gas pipeline. Low safety standards lead to a faulty job. People die. Property is destroyed.

You read about it all the time. Not-so-old bridges collapse, sending trainloads of passengers plummeting to an early demise. Third World ferries, overloaded with holiday travelers, capsize again and again. Athens and Frankfurt sport airports which appear to openly invite terrorists.

Across the globe, we see examples of why we are happy to be Americans. Not only do Continue Reading “Can America Compete? (Part II)”

Can America Compete? (Part I)

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[This Commentary originally appeared in the September 14, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

Part One – The Risk-Return Tradeoff

The following is the first in series of two commentaries aimed at presenting a unique approach to determining our nation’s position within the world’s economy. This week is expository, meaning some readers will already be familiar with the concept of the risk-return tradeoff. In the spirit of all mini-series, we save the real interesting part for next week.

CarosaCommentaryNewLogo_259Finance professors, like all other professors, find they can enhance their employment options (i.e., get tenured) by coming up with all these fancy dancy theories to describe the real world. They write scholarly articles and intricate textbooks (most of which end up on the “Required Reading” list of the courses they teach). Many of these theories remain in the academic realm (where they can take on a life of their own). Every once in a while, though, a really neat idea escapes the verbosity of pedantic journals and appears in the vernacular of the newsweeklies. (When this happens, the professor generally writes a book for the casual reader, appears on several talk shows and becomes a highly paid consultant.)

One of the more significant investment models developed by the academic industry goes by the name, in generic terms, Modern Portfolio Theory. It attempts to provide a Continue Reading “Can America Compete? (Part I)”

A Personal Reflection of A. Bartlett Giamatti

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[This Commentary originally appeared in the September 7, 1989 issue of The Mendon-Honeoye Falls-Lima Sentinel.]

CarosaCommentaryNewLogo_259I sat in Woolsey Hall with 1,300 other Freshmen nearly 11 years ago to the day. At the podium stood the newly ordained University President, who’s very pompous pontification my Gates-Chili classmates had earlier warned me to be wary of. “Remember, Chris,” they advised me prior to my departure in early September, “don’t let their fancy words and snobby accents intimidate you. After all, they’re only Continue Reading “A Personal Reflection of A. Bartlett Giamatti”

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