Release From Prison Journal: Day 404

Saturday, September 20, 2014

 

A productive day always boosts my spirits. Today I wrote out a business plan for a new venture that I want to launch. I haven’t given the venture a name, and I don’t know how much I want to write about the venture online. It’s not that I’m worried that anyone will steal the idea, because ideas belong to everyone. Rather, I’m reluctant to write about the venture I’m about to propose until I’m ready to go live. It is anything new. I can provide the basics. Early this morning I wrote out a plan to launch a seminar business. The seminars will educate audiences on the importance of investing for the future. An investment, of course, is a commitment to delay gratification today in order to build more gratification tomorrow. This seminar will educate audiences on steps they may take to build a better tomorrow. As with all of my speaking engagements, I’ll present this story through the context of my journey. Rather than hiding from my past, I’m always eager to share the story because I’m convinced that others find inspiration and motivation in the message. That approach may prove helpful in these seminars I intend to lead.

 

Days since my release from prison: 404

Miles that I ran today: 0

Miles that I ran so far this week: 34.7

Miles that I’ve run during the month of September: 93.77

Miles that I ran so far in 2014: 1,804.76

Miles that I need to run in order to reach my annual goal of 2,400 miles: 595.24

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 70.28

My weight for today: 168

Release From Prison Journal: Day 403

Friday, September 19, 2014

 

Today I had a wonderful 13-mile run. These long runs come far too infrequently for me now that I’m working so much. While running today, I had my eye on my iPhone. About ten days ago I made a sizeable investment in Yahoo!, the stock. I anticipated the stock would rise in valuation because of an early-stage investment the company made in Alibaba. Alibaba is a Internet retailer that dominates the market in China. Since Yahoo! made the investment, Alibaba has grown into a behemoth. Today Alibaba was scheduled to begin trading on the New York Stock Exchange. Yahoo’s early investment left it with a stake of more than 22% in Alibaba. Financial news indicated that Yahoo intended to sell stock in Alibaba that would bring more than $8 billion into the company, Yahoo was still going to retain 16% equity stake in Alibaba. Taken together, I anticipated that Yahoo was undervalued and I made the purchase. Alibaba began trading today at more than $90, making the company worth more than $225 billion dollars. Surprising to me, however, was that the market did not value Yahoo!’s stake in the company. According to my calculations, the Yahoo stock price does not adequately reflect the company’s ownership interest in Alibaba. My position closed down today, but I’ll hold it a while longer, as I anticipate that Alibaba’s share will continue to rise. Eventually, Yahoo should make up lost ground—or I’ll admit that my position was wrong and take the loss. I’m hoping that an activist investor will make a play for Yahoo!, which could drive the price of the stock higher. We’ll see.

 

Days since my release from prison: 403

Miles that I ran today: 13

Miles that I ran so far this week: 34.7

Miles that I’ve run during the month of September: 93.77

Miles that I ran so far in 2014: 1,804.76

Miles that I need to run in order to reach my annual goal of 2,400 miles: 595.24

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 76.85

My weight for today: 168

Release From Prison Journal: Day 402

Thursday, September 18, 2014

 

I’m writing a great deal about raising capital. The company where I am devoting a lot of time requires tens of million of dollars in capital. This isn’t to say that the company is hurting financially. On the contrary, it has been an incredibly successful venture. Indeed, boasts an enormous monthly cash flow and I expect that it will generate more than $75 million in sales this year. Still, the company requires additional investment to develop a hotel, a yacht club, an activity center, and much more. Writing the documents to express this vision takes a lot of planning and a lot of time. There is a lot of writing and then rewriting. But I’m thrilled to have this opportunity to contribute.

Days since my release from prison: 402

Miles that I ran today: 0

Miles that I ran so far this week: 21.7

Miles that I’ve run during the month of September: 80.77

Miles that I ran so far in 2014: 1,791.76

Miles that I need to run in order to reach my annual goal of 2,400 miles: 608.24

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 70.42

My weight for today: 168

Release From Prison Journal: Day 401

Wednesday, September 17, 2014

 

I’m still challenged with complications related to sentence. This conundrum really baffles me. I don’t understand why the system will not simply release me. Clearly, I understand that I made bad decisions as a young man. But I’m nearly 51 and more stable than anyone would expect. Since returning to society, I’ve opened many, many opportunities. Besides spending a year teaching at San Francisco State University, I worked with my partner Justin to build products and offer services that would teach thousands of people how to reach a higher potential. I became a homeowner and build a savings account that would sustain my wife and me for longer than four years. I’m happily married and I’ve complied with every requirement since my release from imprisonment. Further, my probation officer, an assistant US attorney, and a federal judge have agreed that continued supervision is unwarranted and unnecessary in my case. Nevertheless, I’m still facing resistance in my efforts to be set free. This is all part of a long journey, and I’ll stay the course.

 

Days since my release from prison: 401

Miles that I ran today: 0

Miles that I ran so far this week: 21.7

Miles that I’ve run during the month of September: 80.77

Miles that I ran so far in 2014: 1,791.76

Miles that I need to run in order to reach my annual goal of 2,400 miles: 608.24

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 76.99

My weight for today: 168

Release From Prison Journal: Day 400

Tuesday, September 16, 2014

 

I’ve been reading a lot about alternative investments. Traditionally, people have kept a significant portion of their investment dollars in equities and another portion in bonds or fixed-income funds. That strategy made sense in the past. But economic realities have shifted since the turn of the century. We have 80 million people in our country that will retire over the next 20 years. Healthcare costs are soaring as a consequence of our aging population. Social security is underfunded according to many sources. Markets are volatile, and bond rates are so terribly low that investors need to consider other options besides stocks and bonds. I’m writing a prospectus that will introduce investors to an alternative investment strategy that offers minimal downside risk, but substantial upside potential. The catch: investors must have a long time horizon in order to participate in this opportunity I intend to present.

 

Days since my release from prison: 400

Miles that I ran today: 0

Miles that I ran so far this week: 21.7

Miles that I’ve run during the month of September: 80.77

Miles that I ran so far in 2014: 1,791.76

Miles that I need to run in order to reach my annual goal of 2,400 miles: 608.24

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 83.56

My weight for today: 168

Release From Prison Journal: Day 399

Monday, September 15, 2014

 

Today I had a great meeting with a visionary business leader. He spoke with me about an idea he has to purchase high-end properties here in Orange County. The conversation opened my eyes to new opportunities. As government reports show, there is a growing chasm that separates high net worth individuals from people of more moderate means. Although many people struggle to purchase single-family homes, the real estate market for those who can afford to spend several million dollars on a property is very strong. I’m giving some thought to steps I can take to profit from this observation. Opportunities continuously open for those who have the foresight to look. That is what we teach in our Straight-A Guide, and it’s what I strive to live every day.

Days since my release from prison: 399

Miles that I ran today: 10.2

Miles that I ran so far this week: 21.7

Miles that I’ve run during the month of September: 80.77

Miles that I ran so far in 2014: 1,791.76

Miles that I need to run in order to reach my annual goal of 2,400 miles: 608.24

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 90.13

My weight for today: 168

Release From Prison Journal: Day 398

Sunday, September 14, 2014

 

Although I had to work all day, I left in time to treat my mother-in-law to dinner. We dined at a restaurant that Carole likes very much, but Carole wasn’t with us. She was scheduled to work today. I enjoyed talking with Linda and recounting how proud I am of Carole Linda is a nurse, and her successful career inspired Carole to move in the same direction. Only eight more months must pass for Carole to earn her graduate degree. Yeah!

 

Days since my release from prison: 398

Miles that I ran today: 11.5

Miles that I ran so far this week: 11.5

Miles that I’ve run during the month of September: 70.57

Miles that I ran so far in 2014: 1,781.56

Miles that I need to run in order to reach my annual goal of 2,400 miles: 618.44

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 86.5

My weight for today: 168

Release From Prison Journal: Day 397

Saturday, September 13, 2014

 

My mother-in-law, Linda, flew into town today to visit with us. Unfortunately, a busy scheduled limited the amount of time that Carole and I could spend to enjoy her company. I was working when Carole picked her mother up at the airport. They had lunch today, but then Carole had to return home quickly so that she could make more progress toward an assignment she has. I’m so incredibly proud of Carole’s commitment to excel in her graduate program. She is at the top of the class. Our commitment to work, however, leaves us with limited time for family After Carole graduates, we’re determined to scale back and work more sustainable, normal hours.

 

 

Days since my release from prison: 397

Miles that I ran today: 0

Miles that I ran so far this week: 23.36

Miles that I’ve run during the month of September: 59.07

Miles that I ran so far in 2014: 1,770.06

Miles that I need to run in order to reach my annual goal of 2,400 miles: 629.94

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 81.57

My weight for today: 168

Release From Prison Journal: Day 396

Friday, September 12, 2014

 

Today I contributed to an all-day session discussing probation and parole in the United States. As a member of an advisory council sponsored by the Robina Institute at the University of Minnesota Law School, I’ll work alongside several leaders who seek to improve outcomes of our nation’s criminal justice system. Other members of the council have impressive credentials. The man sitting to my right in today’s meeting is Vice-Chairman of the United States Parole Commission. Other members of the panel include Directors or Chairman of the probation and parole system in Utah, Ohio, Michigan, and Pennsylvania. There were consultants and academics on the panel as well. This council will meet twice each year for the next three years. Our task: to build a profile that will outline the probation and parole systems that operate in the 53 different jurisdictions across the United States, and to conduct a survey that will gather data on how these systems operate across the nation. Although the other members of the panel have distinguished backgrounds, I bring value to the discussion by providing the voice of someone who has experienced the criminal justice system first hand. I will draw upon all that I learned to help these government leaders understand the influences this system has on prospects for success upon release from confinement.

 

Days since my release from prison: 396

Miles that I ran today: 0

Miles that I ran so far this week: 23.36

Miles that I’ve run during the month of September: 59.07

Miles that I ran so far in 2014: 1,770.06

Miles that I need to run in order to reach my annual goal of 2,400 miles: 629.94

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 88.14

My weight for today: 168

Release From Prison Journal: Day 395

Thursday, September 11, 2014

 

I was locked inside of a prison cell when I heard about the terrorist strikes in New York and Washington. Today was different. Instead of being locked in a prison cell watching the horrors of that day, I traveled to the airport as I had to board a flight. Government leaders invited me to participate on an advisory council that would study America’s probation and parole system. We have more than 750,000 people being released from confinement each year, and high recidivism rates cost society enormous sums of money. By working to improve outcomes of our nation’s criminal justice system, we can improve community safety save taxpayer dollars. I was proud to accept the invitation to contribute. Other than a lengthy delay at the airport that kept me stuck on a plane for several hours longer than necessary, I did not mind the commute. I looked forward to making a contribution to the all-day discussion that would take place tomorrow. After arriving in Minneapolis, I met my new “colleagues” at a restaurant. I was surprised to hear that one member of the panel happened to be a Vice Chairman of the United States Parole Commission. As one of five members of the U.S. Parole Commission, he would have an influential role on determining whether continued supervision was warranted in my case. I found that to be a serendipitous meeting and I looked forward to making a favorable impression on him.

 

Days since my release from prison: 395

Miles that I ran today: 0

Miles that I ran so far this week: 23.36

Miles that I’ve run during the month of September: 59.07

Miles that I ran so far in 2014: 1,770.06

Miles that I need to run in order to reach my annual goal of 2,400 miles: 629.94

Miles I’m ahead of schedule to reach my 2,400-mile goal by the end of 2014: 94.71

My weight for today: 168