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Philip Mause
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My name is Phil Mause. I am a Senior Advisor with the Pacific Economics Group, focusing on energy, regulatory and valuation issues. I retired from 40 years of law practice earlier this year. I am a yield oriented investor and in the last two years, I have done reasonably well in junk bonds,... More
  • Father's Day Message 0 comments
    Jun 24, 2012 6:46 PM

    My daughter wrote me a lovely note on Father's Day. Here is my response(published with her permission);

    Thank you so much! This really makes my day. I want you to know that the experience of raising you was a wonder and a joy and it was one of the most fulfilling things in my life. Actually, the third most fulfilling. First place goes to figuring out how to get my car out of the Logan Airport short term parking lot after two weeks for only $1.25 and second place goes to that time in 1988 when I solved the Sunday NY Times diagramless crossword puzzle. You beat out the fourth place thing - winning the honorable mention award for "Most Improved Bathroom Hygiene" at a very weird summer camp my parents sent me to when I was 11 years old.

    But I digress. Child rearing was a constant challenge for your mother and me. To tell the truth, we had to consult books, neighbors, relatives, and experts; we also had to constantly switch gears in response to new information and new developments. It should be much easier for you. Apple has brought out software for $124 that you can download on your iPhone which pretty much does the trick. Be sure to download the updates as they become available. You have to use Apple products for the rest of your life in order to do so. That's why I have a large position in Apple stock (symbol: AAPL - close, Friday, $586.24).

    Anyhow, now you are fully raised and you are an independent young woman. And we are reaching the phase in our relationship at which I will become dependent upon you. I will call you about lost car keys, questions about whether I have already taken my meds, concerns about your mother trying to poison me, and, of course, efforts to maintain my driver's license even after I am dead. At some point, I will move in with you and probably destroy your marriage. You will hire lawyers to persuade me to execute a "living will." And I will develop affiliations with bizarre religious and political groups like the Republican Party.

    But those are all fun things we have to look forward to down the road. Today, I can just bask in the moment. A successful child rearing exercise...........at least for this split second in time. So, tomorrow, be sure to take enough money for the subway, take your keys and don't lock yourself out again, wear clean underwear in case you get hit by a car, don't make eye contact with anyone in public areas, never a borrower nor a lender be, floss, don't step on cracks or walk under ladders, yadayadayadayada.

    Oh, the hell with it. You'll be fine. Just remember what my father told me years ago which pulled everything together in a brilliant nutshell - "Don't make mistakes!"

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