Category: non-finance

We’ve had a brutal cold snap of 30^o here in NC, so of course they cancelled school.  I can’t think of a better way to calm my nerves after a day pent up with ‘Lil and Mini with 1000% energy not being able to play with friends outside, than to solve one of the major problems facing a major industry.  That’s just what I do.

The end is neigh?

It’s pretty incredible that it’s come to this.  The NFL is and has been so amazingly popular, that it’s hard to imagine it going away, yet that is what some fairly well-respected sports analysts have predicted.

I don’t know if I am there yet, but such a decline definitely wouldn’t be without precedent.  The best example is boxing.  Boxing used to be the king of the sports world back at the beginning of the 1900s.

Boxing’s decline can be traced to several reasons, but certainly its brutality has to play a major role in turning off fans.  It was hard to see how debilitated Muhammad Ali was later in life, and it was because he got punched in the face so often.  Each fan had to make a moral choice: “were those fights exciting enough to entertain me in spite of what it was doing to that person’s mind and body?”

Today a lot of people are feeling that about watching NFL games.  Just recently we saw a game where Pittsburgh Steeler Ryan Shazier tackled a Cincinnati Bengal, leading with his head (we’ll talk about that more in a minute), and was paralyzed below his waist.  It was a hard scene to watch as they secured the all-Pro to the backboard and wheeled him off the field then to the hospital.

That’s one type of injury that happens in the NFL.  It’s certainly jarring but it’s not all that common.  The other is the gradual degradation of the brain (CTE), basically where your brain gets injured due to repeated blows to the head.

There are staggering headlines out there that lead you to believe this is happening to everyone.  I’m not there just because there haven’t been comprehensive studies to statistically prove this is so widespread (but when did sound statistical principles keep CNN from throwing a provocative headline out there?).  Whatever, we could debate this over a beer for a while.

Yet, all this does adds up to the potential that the NFL goes from dominating the American sports landscape to either being sued out of existence (unlikely) or receding into oblivion like boxing.  But I’m here to solve it.

Get rid of helmets

Over the decades, a ton of technology and engineering has gone into making helmets stronger and able to withstand greater forces and pressures.  And . . . that’s the problem.  Making better helmets makes the problem worse.

Let’s think about that for a minute, and break it down like an economist.  The biggest problem is that players, almost exclusively on the defense (more on this in a second), are hitting each other really, really hard in the head . . . with their head.

These hits that paralyze people and cause concussions come from “helmet-to-helmet” hits.  It makes sense.  Our bodies are shaped to be able to focus maximum energy and momentum behind our core and head.

Now the economist in me is coming out.  Helmets are designed to protect players which is really another way of saying (especially to defenders): “You can hit harder and not get hurt.”  With this it’s no wonder that players are hitting harder and harder, because they have equipment that supposedly protects them.  Of course the problem is those harder hits increase the potential for catastrophe (paralyzation like Shazier) or long-term damage like CTE.

If you provide helmets, players are going to hit harder.  If they don’t have helmets, they aren’t going to hit as hard because of SELF-PRESERVATION.  No way a linebacker launches his head at a running back’s head if he’s not wearing a helmet.  There are immediate and devastating consequences to that, so you wouldn’t have those hits anymore.

That’s the stupidest thing I’ve ever heard . . . or maybe not

I can imagine you saying, “That’s insane.  You’re going to kill people.”  But I don’t think so.

A really great analogy to football but without helmets is rugby.  It’s fast-paced, it’s very physical, the dudes are huge, AND THERE ARE NO HELMETS.  There’s a CTE issue in football and there isn’t a CTE issue in rugby.  I’m just saying.

So here’s how I would do it:

First, I would ban all helmets by all defenders and offensive lineman.  Quarterbacks, running backs, and receivers would still get to wear helmets, although the helmet would be a toned-down version of what exists today (more on this in a second).  Given that nearly all personal foul penalties for head-to-head hits are called against the defense, it seems appropriate to start looking at reducing those “defender-driven” hits.

Without helmets, defenders would be required to make tackles with their arms and chest and bodies, NEVER WITH THEIR HEAD.  Offensive lineman and defensive linemen would go after each other like they do now, but they wouldn’t butt heads again due to self-preservation.

Offensive skill players (by definition, the only ones who get tackled) would have helmets to protect their heads since they are the ones being targeted by all the other people on the field to be hit, so I think it makes sense for them to have a bit more protection.

Problem solved.  The NFL can thank me in the form of a check with a 7 and then at least six zeros behind it at any time.

There are a couple problems, but I actually think they’re pretty manageable:

Protecting eyes, teeth, and other parts of the face—this is a fair point and I don’t see any problem allowing all players to wear sports goggles (Kareem Abdul-Jabbar style) to protect their eyes.  Also, as is the case today players would wear mouth-guards.  Noses are vulnerable, but that’s the point.  Don’t lead with your face and you won’t break your nose.  And it’s not like broken noses are pervasive in rugby.

Offensive players targeting defenders—if offensive skill-positions have helmets, will that shift the balance in the game to where defenders won’t be able to tackle offensive players for fear of getting headbutted by someone wearing a helmet?  I’m not too worried because defenders are so good and fast (and they’ll be even faster without helmets) that the vast majority of the time they are on the offensive player making a tackle before he has any time to start targeting the defenders.

Second, any tackles that are not head-on aren’t an issue.  So right there, those two points solve 95% of those issues.

Plus, remember that a toned-down helmet wouldn’t cause as much damage if it did hit another player.

Following the rules today, you could have devastating penalties for any play where an offensive player’s helmet touches another players’ head (like expulsion from game and award 7 points to opponent).  But I actually don’t think it would happen all that often.

Turnovers have offensive players (with helmets) become defensive players—this is another issue that seems big on paper but may not be that big an issue.  It’s exceptionally rare to have a helmet-on-helmet penalty on an offensive player after an interception.

If you wanted to be extra careful you could say that on turnovers, the play is over when the defender (who now has the ball) is touched rather than tackled.  That’s super pussy, and I don’t think it’s necessary, but bear in mind we’re talking about the survival of the league and the game.

MAJOR BENEFIT—Of course the biggest benefit is eliminating the head-to-head hits that cause the paralysis and CTE, that goes with out saying.  But you know another major benefit to the NFL and its players?  The football players will become a lot more marketable.

Right now none of the top athletes from an endorsement perspective are football players (Peyton Manning is retired so I didn’t count him).  That’s kind of incredible that the NFL is the US’s most popular sport but it doesn’t have any of the top endorsement athletes.

One reason is that the players wear helmets so you can’t see their face.  The top endorsement-athletes are mostly basketball players (nothing worn on their head during games), soccer players (ditto), tennis players (ditto), and golfers (wear a baseball cap).  There are no race-car drivers (helmet that completely covers face), football players, baseball players (baseball cap or batting helmet), hockey players (helmet with visor).

Allowing the viewing public to see their faces will be a boon for football players who want to be the face of soft-drinks and search engines and cars.  There will be a ton of money for them to make.

So there you have it.  Problem solved.  As you watch the NFL playoffs this weekend, think about how my innovation could save the game.

Today, Richard Thaler won the Nobel Prize in economics.  Professor Thaler was one of my professors at the University of Chicago.

I know I openly questioned the value of a college education, and I still stand behind those posts.  However, as I look back on my own life, the University of Chicago has played such a monumental role.  It springboarded my career, allowing me to make a healthy income that permitted me to retire in my mid-30s.  It had such a rich and vibrant learning environment which really changed the way I looked at, and continue to look at, the world.  Oh, and I also met my wife there.

Don’t quote me on this, but I believe that the University of Chicago is home to more Nobel Prize winners for Economics than any other institution.  When I was there we had two laureates on the faculty—Professors Becker (1992) and Fogel (1993).  Since I graduated, two professors who were on faculty at the time have won: Fama (2013) and today Thaler.

We can’t forget Coase (1991), Scholes (1997)—yes, he’s the guy who developed the Black-Scholes pricing model which is how pretty much all options are priced now, and Miller (1990)—any intro to finance course spends extensive time on his M&M models.  Let that sink in for a minute—a UofC professor won the Nobel Prize in four consecutive years from 1990 to 1993.

Now get ready for the big guns.  Stigler (1982) and the most important economist of the 20^th century, Milton Friedman (1976).

That’s a pretty incredible collection of the smartest economists in the world all in one place.  It was very humbling to have learned from such world-changing people.  I am thrilled that Professor Thaler’s amazing contributions have been recognized at the highest level.

The analogy goes that your boat is your house and your dinghy is your car.  If the analogy continues, then that would be the marina would be your neighborhood.  In this post, we’re going to look at what a diverse and odd and functional neighborhood that is.

Dollars and sense

Like hotels or anything else, marinas vary in niceness, and that tends to correlate with price.  Typically, you are charged by the foot of your boat.  So it might be $1.50 per foot per night.  So your 30-foot boat will cost you about $45 each night.  If you have a super big boat, let’s say over 60 feet, you might get charged more; if you have a catamaran (a sailboat with two hulls instead of just one), you also get charged more.

For that you get a slip (think a parking space) in the marina, access to all the amenities of the marina (more on that in a second), and water and power for your boat.  The water tends to be free, unless you really go crazy with it.  The power on the other hand is quite expensive, at about $0.25-0.40 per kWh.  Just to put that in perspective, in North Carolina we pay about $0.10, and even in California we paid about $0.15.  So it gets pricy there.

All the comforts of home, kind of

At a basic level, the marina acts as your neighborhood in the literal, practical sense.  You dock your boat up to a slip (think a parking spot) on the pier, and that’s where you’ll stay for the time you’re in the marina.  The piers act like streets, connecting you to all your neighbor boats as well as to the land.  On land you have a mix of shops and amenities that seem like them come from a strip mall, a hotel, and an auto repair shop.

Like any neighborhood, you have your grocery store, gas station, and restaurants.  And all that is there at your marina.  The grocery stores are more like convenience stores, smaller overall but outsized liquor sections (more on the “drinking culture” of the sailing community in the next post).  Like all convenience stores, the selection tends to be limited and prices tend to be higher, but you can get most of your food and toiletry items there.

There are also gas stations, but in a marina you can easily imagine that everything is set up to fill up boats instead of cars.  Then you have at least one restaurant but probably a couple that, similar to many neighborhoods, act as the central gathering point for socializing.

You also have all the amenities of a hotel.  In fact, many marinas are attached to hotels and there is a reciprocal agreement where being in the marina gives you access to all the hotel “stuff”.  There’s usually a pool and workout room.  Just like with hotels, the nicer marinas will also have spa type areas.  Plus there are more practical things like laundry facilities and shower facilities.  That last one is important because the showers on boats aren’t that “user-friendly” so when you have the chance to take a shower with good water pressure on solid ground, that’s a no-brainer.

A third major component of the marina is the boat yard.  As Jim said, “when you sail, something is always breaking.”  So when you’re in the marina that’s when a lot of people do the repairs they need.  It can be little stuff like fixing wiring or changing the oil in your motor, or stuff like that.  Or it can be extreme stuff like doing a total haul out (where your boat is taken out of the water and held on stilts.  This is when major repairs are done as well as repainting the bottom of your boat (something you need to do every few years).

This whole repair component is a bit odd in that the marina, like a nice hotel, tries to convey a sense of luxury.  But then a few feet away you have grimy workmen doing the sweaty and dirty work of boat maintenance.

The most diverse neighborhood ever

While we were in the marina, what struck me was this neighborhood was incredibly diverse.  Obviously there is a lot of national diversity (more on this in my next post), but what was fascinating was the diversity of the types of boats from an “expensive” point of view.

In most neighborhoods, the houses all are similar—in size, in cost, etc.  It would be weird to see a $5 million mansion on 5 acres next door to a tenement apartment that looks like it might fall down any day.  But in the marina, you kind of have that.  There are amazingly nice yachts that cost $5 million or more.  They are sitting next to tiny, beaten-up boats that might not even fetch $10,000.  And there are all sorts in between.

Also, there are hugely different purposes for the boats.  Most are like Jim and Laura’s where they are very seaworthy (obviously because we made the 800 mile trip), but they spend 90% of their time in the marina.  Other boats are just in the marina to get provisions, get something fixed, or whatever and then they are off again.  Then a third category are non-seaworthy boats where the owners have decided they are going to permanently live on their boat in the marina.  As you can imagine, that leads to a very diverse range of boats that connect to an equally diverse set of sailors.

Finally, just by virtue of the fact that for most boats, the marina is not a permanent stopping point, there are always different people and different types of boats coming in and out.  It sort of reminds me of the hustle and bustle of a city like Chicago or New York, but of course, in those cities the buildings are picking up and leaving after a couple days.

I say all this because on land so many of us are so isolated in terms of that diversity.  We live in houses that look like everyone else’s, and we tend to live near people who are similar to us in terms of income, education, stage of life, etc.  The marina is really the opposite of that, and it was totally fascinating.  Even more fascinating is that diversity in the marina leads to an incredibly rich, although somewhat frustrating, mix of fun and interesting people.

Race relations in this country are worse than they have ever been since the 1960s.  Basketball in the NBA has never been better.

A couple months ago we had the Oscars and the associated controversy that not a single nominee in any of the acting categories was black.  I’m not really into the Oscars (Foxy Lady is because she loves the runway shows), but I’m really into basketball.  It got me thinking about how overwhelmingly black the NBA is and what causes it to be so.

Let’s just get a couple things out of the way:  I have no problem with the racial composition of the NBA.  I love watching good basketball.  The better the players, the better the basketball.  If the best players are black, then those are the players I want to watch.

NBA demographics:  The NBA is overwhelmingly black.  About 80% of the players are black, 18% are white and there is a small handful of Asian and Hispanic players.  But that’s a little misleading; the league is much blacker.  All players are not created equal.  You have your stars who play the most minutes, score the most points, and get the most exposure.  And you have the benchwarmers who are counted in those player statistics but live in virtual anonymity.

If you look at the best players, they are even more black than the overall NBA.  The most recent all-star game featured 26 players, one of whom was not black (Pau Gasol).

That trend is consistent going back at least to 1990 (when I got tired of counting).  You usually have 2-4 non-black all-stars.  I said “non-black” instead of “white” because Yao Ming, an Asian, has been an all-star.  So between 85-95% of the all-stars are black.

You see similar results looking at the All-NBA teams.  Going back to 1988 (when the current format was adopted), there have been 135 All-NBA first-team players (5 players each year for 27 years).  Of those 135 players a grand total of 12 where white; the other 91% were black.

In a country where about 13% of the nation is black, we have a league that is 90%+ black.  Clearly something is going on.  Now let’s figure out what it is.

Role of genetics:  This is a tricky one, certainly a “politically correct” minefield (but really this whole blog is a politically correct minefield, so whatever).  Of course, NBA players are physically different from the broader population.  The average height of an NBA player is about 6’7”, while the average height of an American man is 5’10”.  That’s a pretty big difference, and one obviously driven by genes.

The data show that black men and white men are similarly tall.  The data does show that Hispanic men are significantly shorter, so that goes a long way in explaining why there are so few Hispanic players, but it doesn’t explain the black-white disparity.

Clearly to be successful in the NBA you have to win the genetic lottery.  In a country with 30 million men between 20 and 35, there are only about 350 NBA players.  Given that the life of an NBA player is pretty awesome along almost every dimension, let’s assume a large portion of those men would want to be NBA players if they could.  So statistically, an average guy has about a 1 in 100,000 chance of being in the NBA.

Of course, our genetics goes a long way in weeding most of us out.  To be in the NBA you need to be tall, but then you also need to be fast, strong, have a deft touch and endurance, and on and on.  And these don’t seem to be traits that can be inherited from your parents.  In the entire 60+ year history of the NBA there have been over 3000 players, with about 70 whose fathers also played in the NBA.

Certainly 2% of the player population implies some type of genetic gift that is passed on from father to son, and 2% is much higher than the chance of an average American making it to the NBA, but that really doesn’t seem all the high.  If a generation ago those NBA players had the best genes, which they then passed on to their sons, why aren’t there a lot more sons of NBA players following in their fathers’ footsteps?  Genes are important but there must be an even more important ingredient.

Talented is talented:  There’s a lot of reason to believe that the most talented players in the NBA would have succeeded in life, even if they didn’t play in the NBA.  We know that genetics plays a role in determining who makes it to the NBA, but that seems to be table stakes.  You have to have a minimum amount of genetic “gold dust”, and obviously the more the better, but the father-son data shows beyond that genetics plays a very small role.

So what could be the larger determinant: hard work.  What makes the best NBA players the best is hard work.  It’s difficult to look at this analytically, but the league’s best players—Michael Jordan, Kareem Abdul-Jabbar, Kobe Bryant, LeBron James, and more recently Steph Curry—are/were notorious for their amazing work ethic and practice methods.

Empirically, we see this translate beyond the basketball court.  Definitely, it’s difficult to assess their work ethic or careers away from basketball because they made so much money in their NBA careers, there isn’t a need to work.  But if you look, you can find it.  Magic Johnson became a hugely successful businessman after his playing days.  Jerry West is probably the best NBA general manager ever.  Kareem is one of the most intelligent and thoughtful people in media when he decides to make himself available.  Charles Barkley is the best basketball analyst, Larry Bird is a highly regarded executive for the Indiana Pacers, Bill Russell was a championship coach, and Jordan was a professional baseball player.

All those players are generally considered among the 20 greatest players ever.  To be that good in the NBA takes a work ethic, charisma, insatiable desire to succeed, and on and on.  The point is, all those translate to success in pretty much every field, in athletics or not.  If basketball never existed, if professional sports never existed, those guys would have succeeded in business or science or whatever career they ultimately pursued.

If Jordan entered the construction industry, Jordan Custom Homes would be the largest homebuilder in the Carolinas.  If LeBron was an aerospace engineer, the LBJ6 rocket would be powering the first manned mission to Mars.  If Kobe went into the restaurant business, you could order a Black Mamba with cheese from 25 locations across the Philadelphia area.  If Magic went into the movie theater business, he’d have the most successful theaters in Los Angeles—wait, that actually happened.  If Kareem became a historian, he would be a best-selling author—wait, that actually happened too.  You get my point.

The Black Thanksgiving:  Highly regarded sports journalists David Aldridge and Michael Wilbon have called the NBA All-star weekend the Black Thanksgiving.  I don’t know about that, but the mere suggestion speaks to how popular the NBA is in the black community.   Basketball is extremely popular in the United States, and among the black communities in the US its popularity is off the charts.

There are about 5 times as many white people as black people in the US.  Yet, estimates show that there are more black NBA fans than white.  Statistically, that’s astounding.  If you do some quick math, that means the black community has about 7 times as many NBA fans per capita.  And keep in mind the NBA is really popular among whites.  That’s not to say every single black American is an NBA fan, but if those numbers are accurate (as well as the sentiments of Aldridge and Wilbon) it can’t be far off.  No matter how you slice it, the NBA is uber-popular among blacks.

You can pretty easily imagine that makes a virtuous cycle.  Black boys see black men in the NBA, and want to do that when they grow up.  That leads to a new generation of black NBA players who inspire a new generation of black boys.  More on this in a minute.

A terrible career choice:  Deciding to pursue a career in the NBA is an awful career decision, and any parents who wanted the best for their sons would probably steer them away from that.  Think about it for a minute.  Sure, if you’re at the very, very apex of the NBA pyramid then you probably have the best life in America (money, fame, women, etc.), but those perks fall off extremely fast.  Actually, even if you’re at the very top (think LeBron) your life is amazingly awesome, but actually quite ordinary compared to other career choices.

If you’re a top 3 basketball player then you earn about $25 million per year in salary plus $50 million in endorsements.  If you’re top 30 (low end of All-stars), you make about $10 million per year and no endorsements.  Top 300, you’re barely in the league, probably working from 10-day contract to 10-day contract and doing auto dealership security in between those; let’s say you pull in $250,000.  Top 3,000 or lower, you’re really good in pick-up games at the local YMCA and you support yourself with a job that has nothing to do with professional basketball.

Compare that to a job like engineering.  If you’re a top 3 engineer in the country, you own your own tech start-up and are worth $5 billion.  Top 30, you still probably own a start up, or maybe you’re CEO of a more established company; either way, you’re pulling in $20 million a year.  Top 300, you’re a CEO or senior VP, pulling in $5 million a year.  Top 3,000, VP level, pulling in $1 million per year.  Top 300,000, a cushy manager level job making $150,000+.

Add on top of all that that the average NBA career is less than 5 years, most of which end not by the player’s choice, while the average engineering career can go on indefinitely.  Between the NBA and engineering, if you look at it purely as a job to earn an income for you and your family, why would anyone pick basketball?  And we used engineering as a comparison, but the story would be near identical for accounting or finance or doctors or lawyers or computer programmers or a ton of other careers.

Going all in:  To make it to the NBA you pretty much have to dedicate your entire life to basketball.  This isn’t something you can do halfway.  Because of that, pursuing the dream of playing in the NBA becomes an extremely high-risk proposition.

If you’re a young man with the physical gifts to seriously pursue the NBA, you have a choice you must make.  You can give 100% of yourself to basketball, but then that doesn’t leave much time or energy for you to develop other skills—math, science, literature, etc.—that could be helpful for non-basketball careers.  So basically, you’re making the choice of “basketball or bust”.

On the other hand, if you hedge your bets, and dedicate some of yourself to basketball but also pursue those other interests, you’ll never make it to the NBA.  Sure, that’s a flip statement, but it’s fairly accurate.  If you’re only giving 50% or 80% or 90% or 99% to basketball, there are thousands of other guys who are willing to give more, give 100%.  All other things being equal, the guys giving 100% are going to make it before the guys giving anything less.  That is a recipe for a high-stakes gamble that doesn’t pay off for the vast majority, and it leaves those who play and lose in a very difficult situation.

Let’s play with the numbers just to see how risky it is.  Assume there are 50,000 guys who want to play in the NBA for every NBA roster spot.  Only 5% of those guys have the physical gifts to even make it a reasonable consideration, so that’s 2,500 guys for every NBA spot.  5% of those guys go all in and dedicate their lives to basketball—that’s 125 guys for every NBA spot.  Those are horrible odds.  Sure, one will win and we’ll celebrate him, but the other 124 will be screwed.  They’ll have developed really strong skills in dribbling and shooting and rebounding and defense, but other than the NBA there aren’t a lot of jobs that value those skills.  Sadly, the vast majority will be forced to take low-wage jobs because they don’t have marketable skills.

Maybe I’m wrong on the exact numbers, but directionally I’m right, and the larger point is absolutely true.  Pursuing a career in the NBA is a huge gamble where a very small portion win and most of the losers not only lose, but they lose big and hit rock bottom.  It’s a terrible career aspiration for a young man.  Yet, why do so many young men, especially young black men, pursue it?

Poor man’s game:  Larry Bird has become a bit of a polarizing figure due to his race.  He’s pretty universally regarded as the best white NBA player ever, and certainly among the top 20 when you compare him to black players as well.

He once made a statement that basketball has become a “black man’s game”.  Of course it was controversial because anything said in our society about race is controversial.  And the data I showed earlier seems to corroborate his view, yet I think he’s wrong.  Basketball isn’t a black man’s game, it’s a poor man’s game.

Doing a bit of internet research, mostly relying on Wikipedia articles, I took my personal list of the top 20 NBA players, and grouped them based on how they grew up: poor, middle-class, or rich.  The data is hard to come by since it’s not like they track this and explicitly say this guy grew up poor while this guy grew up in the middle class.  Certainly I got some of these wrong, but directionally I’m right.

There are 20 names on that list, and 14 of them grew up poor.  Some grew up so poor they explicitly said so in the bios like Russell, Oscar, Bird, West, and both Malones.  With a normal swath of the population you wouldn’t expect 70% of the best people to be poor any more than you would expect them to be 90% black.

Interestingly, the only NBA great who grew up rich is Kobe, whose father happened to play in the NBA.  Maybe one day Steph Curry will make the list of all time greats, and maybe if Grant Hill not had terrible foot injuries he would have made it too.  Both those men grew up rich, but they also grew up with fathers who were professional athletes (Steph’s dad played in the NBA, Grant’s in the NFL).  So it’s hard to separate genetic gold dust from wealth.  But from this data it seems pretty clear that very few rich kids make the NBA, and the few examples have a genetic component.

Something is going on, so let’s figure out why basketball greatness is so correlated with poverty.

If you don’t know, you better ask somebody:  Certainly poverty can be an enormously powerful motivating factor.  We’ve already discussed that to succeed in the NBA you have to work harder than the other 50,000 people who are also chasing that one spot.

Many players have explicitly said that their impoverished childhoods motivated them to do whatever it took to succeed in basketball, staying late to practice when all the other kids went home.  Does a rich kid have that same motivation?  I think reasonable people would say maybe not so much.

So there’s probably something there, but why basketball in particular?  If you’re a kid who’s poor but has the will to succeed in an incredibly competitive environment like professional basketball, why choose basketball where the risk of failure is so high?  Why not use that same intense drive to study math and science to become a world-class engineer?  We know the rewards at the top are just as good, and the risks and consequences of failure are considerably less.

This is where the poverty card comes in.  Nearly every little boy dreams of being a professional athlete at some point.  Given the “Black Thanksgiving” factor, that desire is probably even more acute among black boys.

Knowing the odds are so against it, informed parents will encourage their boys to develop other skills “just in case that basketball thing doesn’t pan out.”  However, if the parents or other adults in that boy’s life aren’t informed, the boy may not know that chasing that basketball dream isn’t a good idea.  Further, he may not know what other dreams to chase.

If you grow up poor, it’s probably because your parents don’t have good jobs.  If they don’t have good jobs, it’s probably because they aren’t educated.  Of course these are generalizations, but national data clearly shows strong relationships between these factors.

In impoverished communities, how knowledgeable are the adults of careers like a scientist or an engineer or an accountant?  Probably not a lot, because they don’t interact with them.  If they aren’t knowledgeable it’s really hard to tell the little boy, “you know what you’d be really good at?  Finance because you’re so good with numbers.”  That’s a huge missed opportunity.

But in poor communities, what’s something that people are knowledgeable about?  Sports.  It’s on TV, it’s celebrated in the towns, it’s seen as an avenue to upward mobility.  So loving but unknowledgeable parents see their talented sons and push them towards basketball.  Those parents love their boys just as much as richer, more knowledgeable parents do.  They want professional success for their boys just as much.  It’s just the poorer parents don’t know about all the options that rich parents do, so they fall back on the thing they see all the time—basketball.

The correlation of poverty and race:  If we believe that the NBA is “a poor man’s league” more than it is “a black man’s league”, then that begs the question why is it so black?  The answer is, sadly, that black America is much poorer and less educated than white America, on average.

This of course is a serious and important issue in our society, and one that I hope improves.  Unfortunately, it’s an extremely difficult and complex issue that defies easy solutions.  Nonetheless, it’s a fact.  And that fact is what is driving the NBA to be overwhelmingly black.  A higher percentage of black boys are raised in poor and poorly educated families.  Hence, a higher percentage of black boys are pursuing sports careers because they don’t have parents who are knowledgeable enough to wisely steer them to something else.

The trail of career corpses:  You’ve stayed with me for over 3,000 words, so let’s put a bow on this.  Why is the NBA so black?

First, let’s clearly debunk the myths.  It’s not that black men are bigger, stronger, or more athletic.  That’s a racist view which the data clearly refutes this.

Now, let’s look at the reasons, and more importantly how that impacts our society.  The key driver seems to be poverty in the boy’s family, and the associated lack of knowledge that accompanies that—lack of knowledge about the abysmal odds of success and lack of knowledge about alternative careers.  Since poverty is more prevalent in black communities, that leads this issue to be more prevalent among black boys.

This is further compounded by the oversized importance and popularity of basketball in the black community (Black Thanksgiving), leading to a self-perpetuating system.  Basketball is so popular among blacks that more blacks pursue it as a career.  As more blacks are showcased in the NBA, it becomes more popular among the blacks, and on and on.

As a fan of basketball I love it because I get to watch so many amazing athletes play such an amazing game.  As an American who wants racial harmony, I hate it.

Pursuing a career in the NBA is like using lottery tickets as your retirement plan.  The winners are celebrated, but for every one winner there are thousands of losers who no one thinks about.  For every one LeBron there are tens of thousands of No-name McGees who went all in on that NBA dream, but failed and were left with nothing.  NOTHING!!!  The fact that it happens disproportionately to black men furthers one of America’s biggest, saddest, most difficult issues—the racial income gap.

Just for example, look at Ed O’Bannon.  He was the best college basketball player in 1995, winning the Wooden Award as such and leading UCLA to the national championship.  No doubt he completely dedicated himself to basketball in order to be the best.  But the NBA didn’t work out, and after two seasons he was out of the league.  Now he is a car salesman in Nevada.  I don’t know what car salesmen make or how fulfilling of a career that is, but I bet it’s not that good.  The world thought Ed was the best at basketball, and we know if he pursued engineering or finance or law or medicine he could have been pretty good there too.  As it turned out he wasn’t the best at basketball, not even in the top 500.  Basketball is a cruel mistress and if you aren’t at the top then you’re nothing.  But other careers are much more tolerant, and maybe O’Bannon could have been among the top 1000 engineers or doctors or lawyers.  If he was he’d be pulling in over a million dollars per year.  As it is, he’s a car salesman.

O’Bannon is an example we know about, and I admire his bravery for telling his story.  The fact is there are millions of O’Bannons out there who have crappy careers because when they had their chance to go all-in on something, and they went after the longest of long shots.  And this happens to blacks more than any other race.

That’s the part I hope changes.  I hope more parents, including black parents, but especially poor parents, start having serious talks with their sons and tell them they are talented and maybe they could make the NBA.  But, even more importantly, they are talented and definitely they could become successful doctors and lawyers and scientists and engineers.  If money is important, there’s more money in those careers than the NBA (a really important point).

So there you have my take on why the NBA is so black and why I hope it becomes less black.  By the way, GO WARRIORS (since my Lakers suck)!!!

There probably isn’t any man-made structure that is more intimately related to its country as the Panama Canal is with Panama.  When I went through it on my sailing trip, it was truly awesome.

The actual canal experience

Ironically, the Canal doesn’t look all that impressive when you see it at first, especially if there aren’t any boats in it.  There are two “lanes” each of which is about 100 feet wide.  So when you compare it to all the rivers you’ve seen in your life, it’s actually quite a bit smaller.  But once you see one of the Panamax (ships specifically designed to be as large as the Canal will accommodate), you then start to realize what an amazing feat of engineering it is.

Panama is about 30 miles wide and obviously the canal cuts through that.  On the Atlantic side there are three locks (more on these in a second) next to the port city of Colon.  Then on the Pacific side there are three more locks next to the country’s capital of Panama City.  In between the engineers dammed the Chagres River to make Lake Gatun which sits in the middle and is the path that ships go between the two sets of locks.

The locks are pretty amazing.  Basically the boats go in these chambers that are 100 feet wide and about 1000 feet long (that’s what the Panamax boats need to fit into).  Coming from the Atlantic Ocean we entered the locks at sea level where they were at their lowest points.  After you enter the locks, the huge doors close behind you and you can see the walls rising about 35 feet above you.

Once the all clear sounds, they flood the chamber and the water level gradually rises, about a foot per minute, until the water level along with all the boats are 25 feet higher than when they entered.  The doors at the other end open and you go into a second identical chamber, repeat the process, go into the third chamber and repeat the process.  By the time you’re done with the third chamber, you are about 75 higher than when you started, 75 feet above sea level.

When we did it, of course we were on a much smaller sail boat, so we and two other sailboats “rafted” together, tied up to each other’s sides so we acted like one really wide sail boat, and entered the chambers behind a huge 800-foot long cargo ship.

We started the whole process at about 4pm.  Once we got out of the third chamber and into Lake Gatun it was about 8pm so we slept there for the night.  In the morning we motored across Lake Gatun, passing massive cargo ships going the other way.  The lake is about 30 miles so the motoring took us about six hours.  At about 2pm we came to the Pacific locks and repeated the whole process in reverse, and finally entered the Pacific Ocean at about 4pm.  In 24 hours we went 40ish miles from the Atlantic to the Pacific.  Without the canal, we would have gone all the way around the southern tip of South America which would be about 12,000 miles.  Truly incredible.

There’s so much to say and 600 words won’t do it justice, so of course if you have any specific questions for me just let me know.

The Canal’s impact on Panama

I started this by saying how important the Canal is to the country, and it’s hard to overstate it.  Panama wouldn’t exist as a country without the Canal.  Back in the early 1900s, President Teddy Roosevelt knew that a canal would greatly benefit the United States economically, militarily, and politically.  At the time, the land we call Panama was a part of the country of Columbia.  Negotiations to build a canal with Columbia weren’t progressing so Roosevelt basically declared Panama and independent country.  He signed a treaty with the new country to build a canal and the rest is history.

As an economic engine, the canal charges fees for ships to go through.  For our small sailboat is was about $500, but for the big ones it can be in the hundreds of thousands of dollars.  Those fees account for about 10% of the country’s economy.  10%!!!

Plus there is a ton of ancillary economic activity that occurs because of the Canal.  The total all in for us to get through the Canal was about $2000.  The $500 was directly to the Canal but then the other $1500 is for consultants who help you with all the paperwork and linehandlers who help guide you through the canal.  Those are a lot of good jobs for a lot of Panamanians.

For big business, Panama City probably the biggest banking hub in Central America, thanks to all the business going through the Canal.  Plus you have warehouses, fuel for the ships, hotels and groceries and all the other stuff you need with those ships coming through.  It’s a huge economic driver.

In fact, that 10% actually is way underestimating how much the canal means to the country.  When I flew in to Panama City, you pass the city skyline and I must say I was really impressed.  It’s got to be the richest city in Central America and a rival to many Latin American cities like Mexico City or Sao Paulo, despite Panama City only having about 2 million people (the entire country has about 4 million people).

Generally speaking, in no specific order the richest countries in Central America are El Salvador, Panama, and Costa Rica.  The reason Panama is on the list—THE CANAL.  The average Panamanian makes about $13,000 per year.  Costa Rica’s average is $11,000, Mexico and Brazil are $9,000, and countries like Guatemala and Honduras are less than $4,000.  The Canal is probably single-handedly responsible for about 50% of the average Panamanian’s income, one way or another.  Of course, I bring all this up because I am an economist but it truly is fascinating.

Put that all together, and the Canal is a singular structure in the world.  I’m thankful I got to see it close up.

Welcome to the exciting conclusion to my sailing retro-diary

Saturday, April 2—We wake up in Baleena Bay.  After breakfast Jim and I take the dinghy down, put the outboard motor on it, and then head to shore.  Bear in mind, we don’t have visas for Costa Rica, so when I step foot on land I have illegally entered the country.  We chose this because for the boat to enter is a 2-3 day bureaucratic process plus a $500ish fee.  Since we only want some fuel, we’re hoping to get in and out without going through that hassle.

When we get there I start looking for Jose who is the guy who is supposed to be selling diesel.  The place is a tiny, tiny town with a dirt road and maybe ten or so buildings.  I don’t see any obvious gas stations so I knock on a door.  A nice guy answers but he speaks no English.  Using my very broken Spanish, I learn that there is a Jose but he only sells gas, no diesel.  I also learn that the nearest gas station that sells diesel is about 10 miles away.  Damn!!!

Fortunately, the guy offers to drive me for $20 so we load our four 5-gallon jerry cans into his tiny Hyundai.  As we’re driving I figure there’s a 2% chance that I’ll get kidnapped, but all goes well.  He was a really nice guy and 30 minutes later we have our fuel, are back on the boat, and ready to go.

At about 11:00am we’re heading out and on our way again.  Then we have another highlight of the trip—we catch a fish.  It’s an amberjack that Jim reels in and then Laura butchers it and we have it for a late lunch, about an hour after the guy was swimming in the ocean.  I must admit that I did tear up a little when we caught him and we sprayed alcohol in his mouth to kill him.  Circle of life.

The rest of the day and night is pretty tame.  We are motoring a lot because of course the wind is on our nose, and even stays on our nose when we make a right turn (how is that possible).  Given this, I think we’re all relieved that we have all the extra fuel.

Sunday, April 3—This was definitely the craziest day.  Throughout the trip, Jim and Laura have been very closely looking at the weather reports, as you would expect if your house was floating into potential storms.  We knew the Papaguyo winds were coming, and today they hit.  Apparently, the wind from the Caribbean side comes over the land through some valleys and hits the Pacific side going 20-30 mph or more.

During most of the day the wind is hitting us right on our nose (of course) even as we try to hug the coast where the wind is calmer.  By 2pm we have a problem: we can sail east (opposite of where we with max engine power with the wind and waves beating the hell out of the boat.

Or we can sail across northwest (the direction we want) but there’s no land for over 150 miles.  We’ll be able to sail due to the direction of the wind, but the wind will be very strong so that’s a concern.  Jim and Laura (more Jim than Laura on this one) decide to go NW.  The sailing is good at first, with the wind blowing 15-20mph and us sailing about 6mph, so it seems like a good decision.

As night comes the wind picks up to 30mph, which is super strong and which most sailors would say is something you never want to sail in.  But there’s nothing we can do now other than keep going.  The boat is bouncing like a basketball.  For most of the night all three of us are up, not that we’re needed but because there’s no way you can sleep through this, plus for Jim and Laura I think they’re understandably concerned.  For me, I think it’s a ton of fun like riding a roller coaster.

By about 3am I get to where I could sleep through anything, so I go down and zonk out.

Monday, April 4—After the crazy day yesterday, this is an easy day.  We’re sailing parallel to the coast going about 4 mph, with a 10 mph wind, so it’s actually really pleasant.

However, we have a bit of a challenge.  We’re within 50 miles of the marina and it’s 10am.  So we can’t just go straight through because we’d get in in the middle of the night.  In general, you never want to check in to a marina “after hours”, and with the Costa Rica experience, there’s no way we’d do that.  So we sail another 8 hours, and get within about 30 miles of our destination.  There’s an anchorage there that we’ll chill out in for about 10 hours.

We get to the anchorage and it’s kind of odd.  It’s not in a bay or anything.  It’s just out in the ocean, opposite a beach with a resort.  We can actually see the people walking around (and horseback riding).  We’re so close, but it’s out of the question that we take the dinghy off and go into town.  So I can just watch an imagine those people drinking Cokes with ice.  Mercifully, 10pm comes and we head off for the final stretch.

Tuesday, April 5—WE MADE IT!!!  We took off from our anchorage at about 10pm and night before, and pulled into the marina at Puesto Del Sol.  Within 5 minutes of getting tied up, I was off the boat and on my way to a shower.  Actually, that might have been jumping the gun as Jim was talking to the hotel people about immigration, but I was a man of a mission, not having had a real shower in 10 days.

I talk to one of the hotel hostesses who speaks English very well, which is nice because I don’t want to put the effort in to showing someone how bad my Spanish is.  She gets me some of those mini shampoos and soaps and the internet password.  I learn later that I took her English skills for granted.  She’s one of only two people at the hotel who speaks English.

Maybe this is two personal, but during my shower when I was shaving, I went through two new razors; they kept getting clogged because of all the sunscreen.  Gross.

When I am finally feeling human, I ask for Coke with a separate glass completely filled with ice.  Then I order two green salads.  Not that Jim and Laura’s cooking wasn’t good (it was) but I am really craving fresh vegetables.  I spend the rest of the day drinking ice-cold Cokes and catching up on email.

Wednesday, April 6—This was a bit of a waste of a day.  The resort is pretty isolated so there’s really not a lot to do.  I got all caught up on my internet browsing, and just enjoyed taking it easy without bobbing in the water.

Interestingly, we are literally the only guests at the resort.  There are something like 20 staff and us.  For lunch Jim, Laura, and I walked into “town” (just a strip of 5 or so houses).  It was great but the regulars were pretty convinced that the owner of the hotel traffics drugs, since it’s a really nice place but there’s no one ever there.  Oh well.  The lunch was really good.

Thursday, April 7—Today I fly home.  Since all flights from Managua to the US leave at around 7am.  So that means that I have to get in a cab in Puesto Del Sol at 2am.  Not that I really slept a lot since I was so excited to get home, but still early.

Like the flight out, the one back was pretty easy.  From Managua to Miami to Charlotte to Greensboro.  The only goofy thing was we sat on the tarmac for about an hour in Charlotte on our way to Greensboro.  Keep in mind that it’s about 100 miles from Charlotte to Greensboro, so we literally could have driven and gotten home fast.  Oh well.  I got home and got to see Foxy Lady and the cubs.

What a trip!!!

I hope you enjoyed the retro-diary.  It was such an awesome trip.  I don’t think words can adequately express it, but I am so, so grateful to Jim and Laura letting me join them.  I hope I was as good a guest as they were hosts.

Wednesday, I will go in-depth into my Panama Canal experience and thoughts on it.

I’m sorry, I’m sorry, I’m sorry.  I openly acknowledge that I suck and haven’t been as dutiful in this blog and my sailing story as I should be.  But I have some really good excuses.  Mini Fox brought home hand-foot-and –mouth and promptly gave it to his older brother, so we had two sick cubs who couldn’t go to school.  Plus, work has been pretty busy, so it’s been hard to get the columns out.  Okay, I’m done with my excuses.  Here is the gripping continuation of my sailing retro-diary.

Monday, March 28—We got up, ate breakfast, gave the boat a good once over to make sure everything was shipshape, and we left at about 10am.  Since we’re in the canal channel, it’s quite busy with sailboats, motorboats, and huge cargo ships.  Obviously, we have to keep an eye out for all those.  Also, because it’s fairly close quarters on the water, we are motoring just to have more control and maneuverability.  Plus the wind is right on our nose, so it’s not like we could sail anyway.

After motoring for about 3 hours we’re pretty clear of the city and now in open ocean.  You can definitely tell the difference—the waves are much bigger.  It’s not uncommon to see slow, rolling waves that are 10 feet high, peak to trough.  Fortunately, they are very slow so there’s probably 100 feet between then, allowing the boat to bob up and down.  You get to the point where you don’t really feel it, but it’s still pretty cool.

By 3pm Jim and Laura are getting pretty sick of motoring, and we’re all a little discouraged that the wind is not cooperating.  We’re near Otoque, a tiny island in the Gulf of Panama, and we decide to head to it to anchor until the winds pick up.  We change course, but apparently the wind gods had other plans, because just then the winds pick up.

Of course they were teasing us.  The winds picked up enough to put us back on course but then it was hit or miss.  We still motored the whole way, but we were able to get an extra 1-2 mph from the wind.

Once night came, we started the night watch.  7pm to 7am is split into four three-hour shifts (7pm to 10pm, 10pm to 1am, 1am to 4am, and 4am to 7am).  Since I’m new I don’t get my own shift but my job is to sit with Laura on the 7pm to 10pm shift and then again with Jim on the 4am to 7am shift.  This will let me get comfortable with things and then hopefully tomorrow night I can have my own.

But I’m a weenie, and after dinner I start to feel seasick.  I can some medicine, one of those patches you put behind your ear, and it works okay but not great.  I head down below at about 9pm and sleep until about 6am.

That said, “sleep” is the operative word.  Since the wind was blowing on our nose, it was bouncing the boat up and down probably 4 feet every 20 seconds.  Imagine trying to sleep on a trampoline with other people jumping.  I didn’t think I slept at all but then I realized that I’m not really a fire-breathing spaceship, so I must have been dreaming.  If I was dreaming then I must have been sleeping.  No matter, I definitely didn’t get a good sleep.

Tuesday, March 29—It’s a new day and I’m starting to get my sea legs.  We sail for a few hours and then make the turn around Los Santos point.  This is a big deal because once we turn, the wind will be in a favorable spot and we can actually sail.

We do make the turn, and wouldn’t you know we have the best sailing experience.  We on a broad reach which means the wind is blowing perpendicularly at our side.  This is the fastest “point of sail” and the boat ends up topping out at about 8 mph, which is really fast for sailing.  In fact, Jim says this is probably the fastest the boat has ever gone.  I’m glad to be a part of that.  The afternoon is super peaceful, watching the sunset and zipping by on the water.  This is really why you sail.

That night I take my own night shift.  I get the 1am to 4am shift.  This is the worst because it’s the most unnatural.  The double shift (having 7pm to 10pm and then 4am to 7am) isn’t so bad because that’s a bit natural in that you’re staying up a little late, until 10pm, and waking up a little early, at 4am.  But that’s definitely in the realm of a normal sleep cycle.  Even the early single shift (10pm to 1am) is okay because basically you’re being a night owl and then you can sleep in.  But the late single shift is just tough.  Oh, well. 

The boat is on auto-pilot so basically you’re just looking out for other boats and keeping an eye on stuff.  That gives you a lot of time to just gaze out into the sky, and at night, in the middle of the ocean with nothing else around, it’s really spectacular.  I’ve never seen so many stars.  I’m used to looking at the Orion constellation with the three stars on the belt, a few making the sword and then two for the arms and two for the legs.  Now I see all those and then a hundred more, just in that constellation.  I can see the band that makes up the Milky Way and a couple shooting stars. Truly amazing.

Wednesday, March 30—The wind stayed with us, so in the morning we were still sailing which was really nice, although it wasn’t as good as yesterday.  Now we’re only going about 5 mph.

We’ve settled into some pretty standard meals.  I eat cereal for breakfast every day, and for lunch usually we have sandwiches and some chips.  Being on the boat is weird because there are no grocery stores, so that subconsciously makes you think about running out of food, even though as Jim says, we have enough food to last us a couple months.  I say that because I’d love to devour a bunch of Pringles, but I find I only take a couple.  In the afternoon I eat my daily Snickers bar; I bought two dozen on our provisioning run for this trip.

In the early afternoon we pass between the Isla de Cobia and Isla Jacarita.  At some point we were talking about stopping here to go snorkeling and take it easy.  To my relief, we decide to keep going because the winds are decent and the timing just isn’t right.  Even though my personal schedule is extremely flexible because I don’t have a job, I still feel a strong urgency to keep moving.  I hope this doesn’t come through to Jim and Laura and tick them off.

I have the early night shift (10pm to 1am), and I get to see one of the coolest things ever.  Phosphorescence are microscopic organisms in the sea which can light up similarly to fireflies.  They do it when they are touched.  Well, it just so happened a pod of dolphins came in the middle of the night.  Normally, you couldn’t see them (although you can hear them breathing when the come to the surface which is really cool).  But with the phosphorescence you can see the dolphins zoom by with their eerie green contrails.   They did this for 20 minutes or so.  Just amazing.

Thursday, March 31—We entered Costa Rican waters this morning, so we’re making progress.  At this point we’re probably about a third of the way through the trip.

We’ve been motoring a lot.  Going into this, I figured that you were always sailing, but that isn’t anywhere near reality.  Sailing is obviously better—it’s more comfortable (when motoring the wind is usually on your nose so you’re crashing into the waves), it gives you that romantic feeling of a bygone era, it’s fuel efficient, and it’s faster (sailing you can go in the 5-6 mph range while motoring you’re usually at 3-4mph).

But there’s the major tradeoff that you can’t sail if the wind isn’t right.  Apparently we’ve really pissed Neptune and his brother Poseidon off and they’ve decided to put the wind right on our nose, despite us slowly changing our course to follow the coast.

Mother Nature does try to entertain us, though.  We see a couple rays jumping into the air and doing flips.  Totally amazing.  Then we see a pod of about 8 dolphins who swim with us.  They are amazing of course, but being that close to them you can hear them breath.  It sounds remarkably like humans who are exercising.  Like the Bloodhound Gang sang, “We ain’t nothing but mammals.”

I get the double night watch (7pm to 10pm and then again from 4am to 7am).  The first shift is uneventful, but by the time my second shift comes along we are in the middle of a storm.  It’s raining and in the distance there is lightening.  Lightening is never good to get too close to, but especially on a boat where it can fry all your electric components.   That aside, it was amazing seeing the wall of clouds around us.  Really neat.  That’s a common theme, I know—so many neat things to see that you just don’t get in normal, land-lubber life.

Friday, April 1—We’ve been motoring pretty consistently so we’re becoming more and more concerned about fuel.  I’m a math guy so I do all the calculations, and as best as I can tell, we should be okay to make it our destination in Nicaragua.  But it will be close, close as in we might have less than 10 gallons of fuel left.  Understandably, that’s too close for Jim’s comfort.

The problem is that it’s really hard to figure this out.  We knew starting the trip we had 70 gallons.  After that, almost everything is an estimate or guess work.  We have 6 jerry cans on the deck with 5 gallons of diesel each, so that’s definitely 30 gallons.  But how much is in the fuel tank?  We measure that by putting a dowel rod in a hole in the engine, similar to the way you check the oil in your car.

You see how deep the fuel is and then compare that to a hand-written chart.  So if the dowel measures 18 inches that means you have about 20 gallons.  The problem is the ship is rocking so it makes it really had to get a good measurement.

Then you don’t really know what your fuel economy is.  How many miles to the gallon are you getting?  We anticipate this problem and measure our fuel in the morning and then again midday, but because of the boat rocking we aren’t confident in our results.  As best as we can tell we are getting about 7 miles to the gallon, but that could easily be plus or minus a mile which could make a difference.  I do the calculations and we should be okay, but Jim and Laura are a bit more conservative and decide we will stop to get more fuel.

They look at the cruising guide and find a nice anchorage that has diesel.  So we head there and motor in at about 10pm.  I’m bummed that we’re stopping but I am glad that we’ll have a peaceful night’s sleep without any rocking on the boat.

Wow.  I guess I’m a talker.  This post is getting long.  Check back in on Monday for the exciting conclusion to the retro-diary.  I know I have broken your trust, but I promise I’ll post again on Monday (the post is already written).

As many of you knew, I had an amazing opportunity to go on a super-cool sailing trip with some friends, Jim and Laura.  I met with them on the Atlantic side of Panama, transited the canal, and then sailed up the Pacific coast to Nicaragua.

There’s so much to talk about, a little of it related to personal finance but most of it related to just a totally amazing and different lifestyle that is sailing.  Sailing is going to take over the blog for the next few weeks, as I figure there are some really interesting topic areas that you might enjoy.  Here’s what you can expect:

• Retro-diary (this post)
• The canal
• Your neighborhood—the marina
• Your neighbors—fellow sailors
• Impressions on Panama’s economy
• Kids sailing
• How expensive is the sailing lifestyle
• Life on a 150 sqft boat

Wednesday, March 23—I had a two-layover flight in front of me, the first leg from Greensboro to Washington DC, taking off at 5:30am.  Despite Greensboro being a small airport with a quick security line, I still had to get up at 4:00am to check in early because it was an international flight.  Great news, the flight is delayed an hour, so now I’ll start freaking out that I’m going to miss my connection and be screwed.

Luckily, the flight from Greensboro takes off when they say, so I get to Washington with about 40 minutes before my flight to Miami leaves.  Incidentally, the flight into Reagan National is pretty spectacular—you get amazing views of the Washington Monument and the Capitol.

The flight to Miami is pretty uneventful and then I find that the food options on the concourse there aren’t that good.  No matter, I just have an hour before the Panama flight takes off.  Similarly, the Panama flight is uneventful, so all in all, a pretty non-descript day in the air, and really isn’t that what you want?

I land in Panama City and struggle with my broken Spanish to explain to immigration that I don’t have an address I’m staying at.  I’m staying on a boat.  The lady tells me I have pretty eyes, but I need her to repeat it about nine times, so that takes a little bit away from the compliment.  Sorry.

I finally make it through and then meet the driver that Jim set up for me.  We drive the entire width of Panama, about 40 miles (at a cost of $100—oddly, US dollars are the currency in Panama) and make it to the marina by 4:00pm.  Earlier than I expected but still a long day.

Thursday, March 24—Today is provisioning day.  We take a taxi from Shelter Bay Marina to Colon, the major city on the Atlantic side of the canal (Panama City is on the Pacific side of the canal).  We head to a big outdoor mall, and you really appreciate how easy and convenient shopping is in the US.  The major hardware store is about the size of the paint department at Home Depot; in general, things just seem harder to get here and you have to go through more hassle.  That said, the grocery store was big by Latin American standards, about the size of one at home, and the prices were similar.

We get about $300 of food and then head back.  We actually drive over the canal.  It’s a pretty amazing experience to drive by some of those Panamax ships (ships designed to be as big as possible but still fit in the canal).  Suffice it to say, they’re huge.

Back in the marina we go to happy hour and dinner for our bon voyage.  We’re with probably a dozen people.  Invariably the discussion turns to politics and how stupid Americans are.  When it comes out I’m a Republican, they react like I’m a Nazi.  Actually, it’s a pretty interesting discussion that I’ll go into more detail in an upcoming post.

Friday, March 25—Today we start our journey.  The transit consultant has us scheduled for 3pm which sucks because we just wait the whole day.  Mercifully, we get a call midday saying we’ve been pushed up to 1:30pm.

At the appointed hour we leave the marina, and motor out to the bay in front of the canal.  I’m pissed because I didn’t put sunscreen on but figured I was safe because I was staying in the shade.  Stupid.  My forearms are burned and now I swing to the other side of the pendulum and start applying sunscreen like it’s going out of style.

The consultant and two helpers get on board and we get the instructions.  We are going to raft up with two other sailing boats.  So the three boats will be tied together, side by side, and we’ll motor into the canal along with a big cargo ship.  We motor in and at one point we scrape against the wall on our side.  Jim and Laura are freaked out, understandably, but there’s no damage done.  It was pretty mild but it makes tensions high.

We pull into the first lock.  The water is low, so we pull into a chamber with 50 foot high walls, bearing in mind the big cargo ship is in front of us.  The big door closes behind us and then they flood the chamber.  The water rises about one foot per minute, so it’s not crazy or anything, but it’s still amazing that our sailboats, each weighing probably 10 tons, are being lifted 25 feet.  And that’s to say nothing for the monster ship in front of us.

After about 20 minutes we clear the first lock.  We do that two more times, for a total of three locks, and an 80 foot vertical rise, and we’re in Lake Gatun.  That’s all for tonight.  We anchor, eat dinner, and then go to sleep.  With some foreshadowing, since the boat is in the open water (a large lake) it is bobbing in the waves which makes it a little difficult to sleep.  I’m sure it will be better when we’re in the open ocean and the waves are bigger.  Awesome.

Saturday, March 26—The second day of the transit.  We motor for 30 miles across Lake Gatun; keep in mind the country is only 40 miles across so the lake takes up about ¾ of the width of the country.  Crazy.

Jim’s a little edgy because of the scrape yesterday, and the Pacific locks are supposed to be harder.  Once we arrive at the first lock, we raft together again with the same boats and go in front of a different, but just as large, cargo ship.  It’s the same process but reverse.  We go in a lock that is totally filled up and the water slowly drains to where the walls end up 40 foot above us.

Since this is the day before Easter, there’s actually a HUGE crowd of spectators at the observation deck.  Literally about 2000 people watching the boats go through the locks.  I wave like I’m a movie star on the red carpet, and some of the kids are kind enough to wave back.  We go through the three locks, unraft, and then we’re free and clear.

We pass under the Bridge of Americas which is kind of the “official” point when you say you’re out of the canal.  Jim has calmed down and is looking forward to some of the bourbon I brought him from the states.  We anchor, and go to sleep.  I’m a bit worried that we’re in an open anchorage just outside of Panama City and the seas are higher, making sleeping harder.

Sunday, March 27—Today we are getting the boat ready for our big passage.  We will be sailing 800 miles so we need to get everything ship-shape.  This consists of cleaning the deck, tying the dinghy down, checking the oil in the engine, and filling up the jerry cans with diesel.  We’re done by about noon, so I’m hoping that we take off, but Jim and Laura have more-completely embraced the “take things easy” lifestyle than I have (despite my early retirement), so we’re leaving tomorrow.

We have dinner with a friend of Jim and Laura’s who is getting ready to sail to French Polynesia (about 5000 miles in open ocean) “singlehanded” which means it’s only him on the boat.  Initially I think that’s pretty insane, but by the end of the trip I will think that’s totally full-on loco.  Good luck to him.

At the restaurant there is a message board next to the bathrooms, and it’s filled with people looking for passage from Panama to French Polynesia or Australia.  It seems crazy to “hitchhike” across the Pacific, but there are literally about 20 flyers for people asking for this.  In a weird way it makes sense that if you own a boat and maybe there are only two of you, you’d want some help.  But still it seems bizarre.

Dinner’s over.  We’re going to sleep on the eve of our departure.

This post is starting to get long, so I’m going to break it up.  Come back tomorrow to read about when we actually started sailing on our 800 mile trip.