1/8/18

Note to self: 2017 edition

This past year was one where my personal life took a front-seat to work. A lot was packed into these 12 months, the most significant of which was getting engaged and married. I'm grateful everyday that I got the chance to marry my best friend, and equally important, gain a whole new set of family. If marriage is one of the main sub-plots on this journey called life, then I couldn't be more excited to explore it with my wife and partner-in-crime — figuratively speaking of course!

Going home
Last year I wrote about being nostalgic of places. A big change this year was the decision to move to Asia, and Hong Kong specifically. While my heritage is rooted in Hong Kong, I spent the majority of my life experiencing this heritage second-hand, while growing up in Canada. Of the many reasons that we decided to move, it felt important to connect with our roots. Half a year in, and it definitely feels like this was the right move.

Asia has over a third of the global population and is the engine for global growth. It seems as if things are happening faster here than anywhere else. Not understanding how this side of the world works would be like reading a novel to the mid-way point and stopping. On a related note, having grown up in a largely non-Asian workforce, its been a real confidence boost to see and work with Asians that are in leadership roles.

Coming full circle at work
At work, I've continued to piece together my understanding of how the financial system works today. In the first half of the year,  I spent my time focused on Bank Resolution Planning — or, "how to shut down a bank in an orderly way". I learned more than I ever wanted to know about bank liquidity and drivers of financial stability.

This in many ways, brought me back full circle to why I joined the Financial Services consulting industry in the first place. I got in because of my curiosity with the 2008 financial crisis. Fast forward 10 years, and it felt like I was finally getting a chance to build some of the defense mechanisms to lessen the impact of the next.

On cryptocurrencies
As a result of the Resolution Planning work, I became interested in learning more about macroeconomics and currencies. This coincided with the news cycles starting to cover the rise of cryptocurrencies. Like anyone who has gotten into crypto, I went down the proverbial rabbit hole. I read everything I could find on the history of money , monetary policy, and even pulled up my notes from my ECON 101/102 school courses.

Beyond the hype of Bitcoin, I found the most interesting part of cryptocurrencies to be the numerous real-time natural economic experiments being run. Though nothing is certain, its hard to imagine that cryptocurrencies and decentralized economic systems won't become a bigger point of debate in an increasingly globalized economy. Having spent years looking at systems that should probably be more decentralized (e.g. science funding) this will continue to be an area of focus.

Onward to 2018
My goal this year is to find better balance between work and life. To help with this, there are important lessons learnt from this year worth documenting and remembering. To "future Andrew", if you live by the following rules of thumb, you'll probably do alright.
Life's rules of thumb: 
1. Take every chance you get to enjoy good food, with good drinks, around good people. 
2. Be humbled by the fact that the more you learn, the less you'll probably know.
3. Always make time for family. Otherwise, what's it all for anyways?