Friday, January 20, 2017

In Comfort

  Three weeks ago I wrote how I went to see the ‘Rogue One: A Star Wars Movie’ with my neighbor Don on the day after Christmas. Don has lived in the house next to our garage as long as we lived there. Don worked 4 blocks away at the hospital cleaning up and bringing hospital stuff to the incinerator. He would come over the house for Thanksgiving, Easter, and Christmas dinners when he wasn’t visiting his other relatives. When Don retired he drove his car (a 2001 Cavalier) in town until he had an accident and lost his license. After that Kathy took Don to the grocery store with her on Mondays and I would occasionally give him a ride if he needed to get drugs at the drug store or run some other errand.

  Last week Kathy couldn’t take Don to the grocery store on Monday because the kids were heading back to school from their winter breaks and she was going to spend all day driving 110 mile round trips to the airport. She called Don’s cell phone and left a message that she would be going grocery shopping on Tuesday. This was not an unusual occurrence and Don would call if he was out of eggs (Don would eat 4 eggs for breakfast every day) and we would pick up what he was out of.

  On Tuesday Kathy went to the garage to go grocery shopping and Don wasn’t waiting by his back door. Kathy went to Don’s back door and knocked but there was no answer. She opened the door and called Don and found him face down on his bathroom floor. Don has passed away sometime over the weekend. Kathy called the police and Don’s nephew to let them know. We looked for the next couple of days for the obituary to be in the paper and finally there it was and the first sentence was:

  Donald “Don” Hornberg, 84, of Marshalltown, Iowa, passed away on Tuesday, January 10, 2017, in the comfort of his own home.

  Well, there you have it! Someone found dead on their bathroom floor actually ‘passed away…in the comfort of their own home’. I was never in Don’s house but I have to think he had more comfortable furniture than his bathroom floor. I read the rest of the obituary (and you can too by clicking here) but had a hard time getting past the fact that if the very first sentence was hardly the truth how much of the rest of the obituary could be believed. So since I have had way too much experience in writing obituaries this past year I thought I’d write what I knew about Don and at least it would be the truth.

  Don never married or had kids and lived in a rundown house next to mine for the last 30 or so years. As I mentioned Don worked in the sanitation department of the local hospital for many years. He liked working there and would tell me that how well he was treated by the big shots at the hospital and when he got sick the doctors would give him sample medications to save him the expense of buying it himself. I have been sorely tempted to make the hospital a source of ridicule in the Broken Pawn. They spent a fortune to rebrand themselves from the Marshalltown Medical & Surgical Center (a name that makes it readily apparent where you are and what you do) to the ambiguous Central Iowa Healthcare. Then they spent $35 million on 'Phase 1' of a new facility on the south side of town two years ago. All this spending led to bad press when the emergency room doctors quit because they weren’t being paid. Eventually the CEO had to resign and the hospital recently filed for bankruptcy. And this is a non-profit hospital! But I never trained my sights on this hospital because of Don’s stories about how well he was treated.

  Don’s main passion was pop culture. He loved movies, country music, and coins. He was the first person on the block to have a satellite dish and he subscribed to 5 HBO channels so he would be sure not to miss any of their featured films. He recorded movies on tapes and later DVD’s and would order collections of his favorite television shows. His favorite show was ‘Smallville’ but he enjoyed all the superhero shows like ‘Agents of Shield’ and when a new superhero movie came out would go to see it with us or by himself. Don was an avid coin collector and would get the mint set of each year’s coins. He had a few silver and gold coins but didn’t talk too much about them. Every couple of Christmases he would get our kids a set of mint coins for the current year. Collectibles never seem to be worth what the owner thinks they are so I don't know how much Don's coin collection was worth except it was worth a lot to him. A lot of single guys who never get married end up with a lot more money than anyone would ever expect. I doubt Don was one of those guys although it wouldn’t surprise me either. One thing I’m sure of is that I’ll never know.

  Don never owned a computer or used the Internet. I don't know whether that was a blessing or a curse. He may have become a big time trader in movies, coins, and records. Or he may have become a spending addict buying all kinds of things on the web that he couldn't afford and didn't need. Don had a small town attitude but was pretty sophisticated about coins and collectibles so I tend to think he would have tended to the former but it remains yet another thing I'll ever know.

  Another thing Don was passionate about was Alcoholics Anonymous. Don was a long time member and used to sponsor other recovering alcoholics. I never saw Don take a drink and he didn’t talk very much about his drinking days but he seemed to take pride in his mentoring other alcoholics. I never belabored the point and since I haven’t had a drink in over 25 years I wasn’t someone in need of mentoring. Was Don a falling down drunk who was saved by AA or a guy who occasionally had a drink he shouldn’t have? It is just another thing I’ll never know.

  Don loved Texas. He had spent some time there in his youth and he talked about it with so much joy I would constantly forgot that he was born and bred in Iowa and not a Texas transplant. I think he moved there to be with some family that moved back to Iowa and he moved back with them. Don always enjoyed our beagles but was a cat person himself. He always had an indoor cat and would occasionally feed the outdoor cats. He had a cat when he died which was gone when Kathy looked for it.

  When Don had a car accident and the state took away his drivers license Kathy would take him to the grocery store each week and I would see him walking to the Liquor Depot to get Lottery tickets or to the Courthouse to catch a bus. I’d give him a ride if he needed one but I think losing his license was one of the best things to ever happen to Don. He was always kind of overweight and was always short of breath but once he had to walk Don stopped being short of breath and seemed to be in much better shape than before. I think it added years to his life and quality to those years as well.

  So that’s the Don I knew. There were a lot of things I knew about him and a lot of things I didn't and never will know about him. He was just a normal guy who had a pretty simple life that was full of the things that interested him. I always enjoyed talking to him about movies and coins and such and wish I had more time for stuff like that. While I know he didn’t die in the ‘comfort’ of his home I do know he had a comfortable life.

Friday, January 13, 2017

The Five People I Don't Want to Meet in Heaven - Part 1

  The Five People You Meet in Heaven is an interesting and acclaimed book by sportswriter Mitch Albom. It covers the life and death of Eddie the amusement park maintenance man. By all appearances Eddie’s life was inconsequential. He had a wife and no children and worked at the amusement park from when he got out of the Army until he died at the age of 83 in an accident at the same amusement park. Once Eddie dies he meets five people who touched his life and whose lives he touched in impactful ways. I believe Albom’s point is that no lives are inconsequent and we touch and are touched by people in ways we can’t even begin to imagine. When I read the book I find myself empathizing a lot with Eddie which is maybe why I find the book so interesting.

  I can’t say I’ve ever thought about what five people I would meet in heaven based on the premise of the book but I’ve often met certain people where the thought crosses my mind how I hope I don’t ever meet them again. Then I start to think that if I went to hell I would probably be around these people all the time. I wanted to write about some of them but I’m normally a pretty positive person so I figured instead of calling this series of posts ‘The Five People You Meet in Hell’ and writing it in a sort of ‘No ExitSartre-esque vein ("Hell is — other people"), I would instead call these people the ones I don’t want to meet in heaven:


  A couple of weeks ago Kathy and I were taking Daisy and Baxter on our Saturday noon time walk that winds around town and through an alley that leads to a parking lot by some businesses. While we were walking through this familiar guy was trolling through the dumpster that each business has. I’ll call him ‘Dumpster Dave’ for lack of a better name. Dave has a bicycle with a trailer and is a regular around all the area dumpsters. Most of the time he doesn’t talk to me but when he does he calls me ‘sir’, tells me a tale of woe, and asks me if I can spare a dollar or two. Sometimes I give Dave some money and sometimes I don’t. When I've dropped a George or two Dave would thank me and if I didn't he would move on to the next person or dumpster on his rounds. One time Dave tried to sell me a broken 78 rpm record he found in a garbage can and I gave him a dollar and even left him his broken 78 rpm record to try to sell to someone else. Once Dave was featured in the newspaper for finding a copy of a local newspaper featuring the 1969 moon landing (which was as big a deal for that generation as the Kennedy Assassination, Pearl Harbor, and 9-11 were for theirs). With his wayward beard and shaggy unkempt gray hair to go along with his dumpster diving and panhandling ways Dave gives off an aura of poverty and/or mental disease which juxtaposes oddly against the his nearly new Carhartt jacket, sturdy boots, and while not an overweight man certainly not emaciated.

  Well on this particular Saturday Dave saw Kathy and I walking. We were the only people in the alley even though it is a convenient shortcut that people that live east of North Center St use to get their cigarettes and cans of Steel Reserve from the Liquor Depot. It must have been a poor day for dumpstering so Dave yelled from a block’s worth of dumpsters away “Excuse me Sir!” and started running over to me. I knew what was coming and Daisy and Baxter were already starting to bark and howl so I yelled back “Sorry I can’t help you”. I was having a nice walk on a Saturday which I didn't want interrupted by trying to listen to Dave's tale of woe over the incessant barking of my beagles. Dumpster Dave must have been pretty upset because as he trudged back to the dumpster where he left his bicycle and trailer he yelled “I should have known better than ask a heartless guy like you for anything!” which was decorated with some expletives unsuited for a family friendly blog like mine.

  I guess Dumpster Dave didn’t remember me as someone who’s dropped a buck or two on him in the past. Maybe he thought I was the kind of guy who would be overcome by guilt and run to payday loan to line his pockets or maybe he thought I’d run over and try to punch him is he could sue me and get on easy street but he was wrong on all counts. I've never felt like I was paying my way to heaven or building up Karma by giving someone a buck or two and I've never thought too much about saying no to the same requests - I kind of go where the spirit moves me. I just continued on our walk and on the next block asked Kathy how she could have married such a heartless guy like me. The next afternoon I was walking Daisy and Baxter (without Kathy). I was listening to music from my amazing iPod with my headphones on heading south and as I passed the iconic Liquor Depot who should I see heading towards me on his bicycle but Dumpster Dave! I turned up the volume on my headphones and if Dumpster Dave had anything to say I didn’t hear it but I doubt he even remembered me since he never looked at me but headed straight into the Depot. I didn’t wait to see what he came out with but my money is on a couple of cans of Steel Reserve. The next time I see Dumpster Dave will be too soon. I don't care if I'm thanked for doing something but I sure don't want to be cursed out for saying no to someone. Dumpster Dave's seen his last buck from me and if he ever calls me heartless again I’ll tell him he’s wrong because when it comes to him I do have a heart – a heart of stone!

  Now don’t get me wrong – When I say that Dumpster Dave is one of the five people I don’t want to meet in heaven I am NOT saying he won’t be in heaven or that I will be in heaven. After all Jesus said “Blessed are the poor” or “Blessed are the poor in spirit” (depending on the version and translation and etc...) so Dave probably has a better shot than me despite his sturdy boots and Carhartt jacket. All I’m saying is that if I should happen to get to heaven one of the five people I don't want to meet is Dumpster Dave!

Thursday, January 5, 2017

Born To Lose

  Last September I wrote about using my self-directed 401k to dip my toe into the waters of buying Intel stock and immediately selling an option to another party to buy the same stock for less than I paid for it at a future date with the price I collect for the option netting me anywhere from 1% to 3% on my original investment after covering the loss from the sale of the stock. In my September article I told how I had bought 200 shares of my favorite Intel stock at $35.07 on August 19th, collected $1.89 a share to allow another party the option to purchase the 200 shares at $34.00 any time before October 21st and said I’d see how it all worked out on October 21st. The day I wrote that post the price of Intel went over $36 a share and on September 19th went to $38 a share. I was pretty pleased at this turn of events since it meant that it was almost a sure thing that my option would be picked up on October and I would have succeeded in getting a 2% profit for a 2 month investment.

  Intel remained between $36 and $38 a share through the rest of September the first part of October until October 18th when their quarterly earnings announcements met with the displeasure of the investing public and the stock plummeted from a high of $38.05 to $35.15 at the close of the trading on October 21st. Since the stock was trading above $34 a share, my option was exercised on the 21st and I closed this trade with a profit of $139.90 or 70 cents a share for owning a stock for 2 months that had risen by the grand sum of 8 cents!
8/19/2016Buy 200 INTC @35.0758-7023.11
8/19/2016Sell 2 INTC Option @34 (.95)
Expiring 10/21/2016
10/21/2016Sell 200 INTC @34.00
(option was exercised)

  On Monday October 24th I again went looking for another stock to buy, sell at a loss, and still make a profit by selling the option to sell at a loss. I didn’t have to look much further than the INTC page on the fidelity app on my amazing iPod. I bought 300 shares of Intel at $35.395 a share and sold an option to sell the stock for $33 a share on January 21st, 2017. I collected $2.84 a share on the option which means that if my option was exercised in January I would have a profit of $115.21 or 1.08% on my 88 day investment. It would be fair to compare this with my August-October buy/sell and notice that I was investing my money for an extra month for half the percentage. I did this for two reasons. The 8% drop of Intel in the previous week lowered the option prices and made me a little skittish myself which is why I decided to sell at $33 instead of $34 (also known as the strike price). The other reason is that Intel issues a dividend on December 1st payable to stockholders on November 3rd. This means that my profit (assuming the option isn’t called early which it was not) increased on December 1st by $78 (300 shares x a .26 dividend) to make a grand total of $193.21 or 1.82% which to me is a reasonable if not spectacular profit on a very low risk proposition that Intel will sell at or above $33 on January 21st or at least the break-even mark of $32.41.
10/24/2016Buy 300 INTC @35.395-10626.45
10/24/2016Sell 3 INTC Option @33 (2.84)
Expiring 1/20/2017
11/3/2016Dividend INTC (Payable 12/1/2016)+78.00
1/20/2017Sell 300 INTC @33.00
(if option is exercised)
Total (If option is exercised)+193.211.82%

  Intel stayed between 34 and 36 for the rest of October, dipped below 34 the week of the election but quickly rebounded over 35 once everyone realized the world wouldn’t end just because Donald Trump was elected president. After flirting with 36 on early December I decided to make another move into losing territory. On December 12th I bought 300 more shares of Intel at 35.965 and sold the option to sell the shares at $35.5 on January 6th for a premium of 98 cents a share. This is a much riskier proposition than the other option plays because the stock could easily drop under 35.5 in one day much less 4 weeks and the reward is a smallish 1.26% which looks a lot better when taking into account the short time frame. In the last 3 weeks Intel has stayed well above $35.5 so I think I will get away with this play. When I review this I’m of the opinion that it was too risky a move. Intel is a great stock to own under any circumstances but the chances of the stock finishing below the break even point of $35.07 doesn’t seem worth the 1.26% reward. The experience has given me a better handle on my risk tolerance and even if I do get away with the play I won’t be too likely to repeat this particular short term scenario.
12/12/2016Buy 300 INTC @35.9657-10797.65
12/12/2016Sell 3 INTC Option @35.5 (.98)
Expiring 1/6/2017
1/6/2017Sell 300 INTC @35.50
(if option is exercised)
Total (If option is exercised)+136.021.26%

  Another of my favorite stocks is Emerson Process Management (EMR) and that company has proven to be a much more profitable play in the short term risk scenario. Long time blog readers may remember that I bought 100 shares of this company in December of 2014 at $61.44 and while the stock has drifted below 50 in 2015 and 2016 I was able to keep my losses manageable by collecting a 47 to 48 cent dividend and selling options at a strike price of $60 or higher when possible. My current break-even point on this stock is $54.50. The stock caught a second wind in the second half of this year and has drifted in the $48-$58 range with wild swings depending on current events and analysts opinions on the status of the company. On October 12th I noticed an anomaly between the stock price and the option price and made a move, buying 100 shares of EMR at $49.995 and collecting $142 for selling the option to buy the stock for $50 on or before November 18th. The stock drifted between $49 and $51 for a few weeks and closed at $50.38 on November 7th which is an important date because on November 8th Emerson gave a 48 cent dividend. My option wasn’t picked up so I collected an extra $48 (payable on December 10th). From November 8th to November 18th, Emerson leaped over 8% from 49.85 to 54.20 a share. On November 18th my option was exercised and I sold 100 shares of Emerson that was valued at $54.20 a share for $50. I didn’t feel like much of a loser since I made $178 (3.57%) on a five week investment.
10/12/2016Buy 100 EMR @49.955-5003.45
12/12/2016Sell 1 EMR Option @50 (1.50)
Expiring 11/18/2016
11/8/2016Dividend EMR (Payable 12/9/2016)+48.00
11/18/2016Sell 100 EMR @50.00
(option was exercised)

  On the Tuesday after my EMR option was exercised I used the same money to do it all over again. On November 22nd I bought 100 shares of EMR for $54.70 and made $141 by selling the option to buy the stock at 55 on or before January 20th, 2017. In the month and half since I executed this trade Emerson’s price has vacillated between $54.40 and $58.30. If the option is exercised in two weeks I’ll have made 2.68% for a two month investment which isn’t as good as my October buy but still worth the risk.
11/23/2016Buy 100 EMR @49.955-5478.06
11/23/2016Sell 1 EMR Option @54.7011 (1.41)
Expiring 1/20/2017
11/18/2016Sell 100 EMR @55.00
(if option is exercised)
Total (if option is exercised)+146.882.68%

  I don’t write about these adventures to brag – I write about them because it helps clarifies my thoughts, it may be of use for other people to read, and I get the occasional idea I hadn't thought of delivered to my email inbox. Keep in mind I am not gambling with my rent money – I am using 401k money that I can’t touch without paying taxes and penalties and there is always the real possibility that a stock will tank and I'll be stuck holding it for years (making it super important to play this game with solid dividend paying companies). I liken this playing with the stock market very much like my picking NBA basketball games in that I am trying to find a workable system. I don’t know how this selling at a loss idea will work in a down or sideways market but as long as I am betting on solid companies with a long history of paying dividends I suspect I won’t go too wrong.

Friday, December 30, 2016

Movie Review - Rogue One (A Star Wars Story)

  I went to see 'Rogue One: A Star Wars Story' on the day after Christmas with my neighbor Don. Originally, the entire family was going to see the film but one by one everyone dropped out leaving Don and I to go alone. The movie has won its first two weekends and the early (12:50) show on Monday had a sizable crowd of over 40 moviegoers mostly made up of young adults.

  I’ve never been a huge fan of the Star Wars franchise. It always seemed light on action and heavy on artificially induced dramatics (replete with music). When it was on, the results could be breathtaking. The opening half hour of ‘Return of the Jedi’ is some of the best filmmaking I’ve ever seen. But for every great scene or great character like Jabba The Hut, Yoda, of my personal favorite Admiral Akbar there seemed to be hours of silliness with chattering droids, whining simians like Chewbacca and my least favorite characters the insufferable Ewoks who somehow manage to defeat an empire squadron by using giant logs they must have spent years chewing into battering rams and such. As great as the beginning of ‘Return of the Jedi’ was the Ewoks and the transformation of Luke Skywalker from a dynamic young Jedi to whining brat begging his daddy (Darth Vader) to save him made the second half of the movie unwatchable.

  Instead of continuing the Star Wars saga after the third movie, creator George Lucas decided to make his next trilogy the prequel to the first three movies so that movie #1 (Star Wars) was really movie #4, Movie #6 was really #3, and so on… If you get it good for you because it confuses me so much I can’t discuss these movies because I still think of the first movie as the first movie. After the second trilogy the Disney corporation bought the rights to the Star Wars franchise and is remaking the Star Wars universe in its own image with enough Easter eggs for the diehard fans but also bringing the story line forward with new characters and presumably enough marketing power to rival the comic book franchises of Marvel and DC for decades to come.

  ‘Rogue One’ takes place a little before the start of the original Star Wars movie which is either the first or the fourth in the series depending on your world view. In the beginning our protagonist is Mads Mikkelsen who normally plays the baddest of bad guys from the title character in the Hannibal television serues to Le Chiffre in the Casino Royale James Bond film and Kaecilius in the recent Doctor Strange movie. In this film Mads plays Galen Erso, the lead engineer of the famous planet-destroying ‘Death Star’ who has run away from the Empire. Since Erso is key to completing the project he is hunted down and forced back to the project but not before he manages to squirrel away his daughter in the care of rebel Saw Gerrera (played by Forest Whitaker in his normal contemplative to the point of somnambulant manner).

  We then flash forward to the present time of the move which is really long ago and far away when the daughter Jyn Erso is captured by the rebel alliance in the hopes of forging an alliance with Gerrara. Jyn agrees to try to set up a meeting and is escorted by a team led by Cassian Andor, a rebel captain and one of the few biped humanoids in the entire movie that doesn’t speak with an English accent with vaguely Shakespearean intonations. Along the way the pair pick up some allies on a planet hopping journey to three separate planets to meet up with Jyn’s father and the Empire’s recordkeeping planet in order to steal the plans for the Death Star to find the fatal flaw built into it by Jyn’s father.

  I liked this movie a lot more than I thought I would. There was all kinds of action on each of the planets with hand to hand combat, spaceship battles, those camel type machines, and even a guest appearance by Darth Vader himself. Vader was awesomely menacing as he cut down rebels with his light saber and keeps his allies in line by causing them to be unable to breathe with the slightest gesture and warning them not to ‘choke on their ambitions’. What I didn’t miss from the other Star Wars movies I’ve seen was inane filler masking itself as political intrigue and the idiotic droids that are meant to provide comic relief. One of the main characters is a droid (K-2SO) which had predictably idiotic dialog but at least it was a battle droid that was a fighter. There was one piece of idiocy that I really enjoyed and that was the fish headed Admiral Raddus who leads the rebel space ship fleet and just like his predecessor Admiral Ackbar has a knack for interrupting the battles with a close up of his giant fish head to state some obvious point and then it’s back to the action. The Admiral has one sterling moment when he orders his ‘Hammerhead Corvette’ around to slam two Starship Destroyers into each other in a serious breach of the laws of psychics.

  The movie is a bit darker than most of the other Star Wars movies I’ve seen. The ‘Death Star’ gets to show its stuff twice and I wouldn’t advise getting too emotionally attached to many of the characters that are featured in the movie. I wonder if someday this will become thought of as a seminal movie in the use of CGI instead of human actors. There are many characters from the 1977 ‘Star Wars’ movie that appear in this film as incredibly lifelike animated characters. I wonder how long it will take Disney to make it cost effective to have the leading roles in future films of the Star Wars franchise played by CGI characters that are indistinguishable from live actors. It seems to only be a matter of time when our future superstars stop getting replaced due to contract demands or old age because they don’t exist outside of a computer chip. I didn't think that would be possible a couple of years ago but that was before I saw how easily the local Wal-Mart replaced a dozen cashiers with eight scanners for self-checkout.

Friday, December 23, 2016

For Some it Has to be All or Nothing

  The 2016 edition of the Grand Chess Tour (GCT) finished this past week with the conclusion of the London Chess Classic. The tournament was won by Wesley So, whose three wins, zero losses, and six draws enabled him to finish a half point ahead of U.S. champion and current World #2 Fabiano Caruana. So won the top prize of the entire tour by virtue of his victory in the London Chess Classic and his victory in the tours’ other classical time control event (the Sinquefield Cup) along with second and fourth place finishes in the two rapid play legs of the tour in Paris and Belgium. This year’s tour garnered far less attention than last years’ edition for one very important reason – the absence of World Champion Magnus Carlsen.

  Carlsen was allowed a wild card entry into the GCT’s two rapid events held earlier in the year but missed the Sinquefield Cup and London Chess Classic in order to defend his title against the Russian Challenger Sergey Karjakin. The championship was played in New York and received a considerable amount of mainstream press coverage. The first seven games of the 12 game match were draws. They were exciting battles with missed opportunities and skillful defense but could not be expected to retain the attention of the mainstream media which tended to put the match on the back burner until Karjakin managed to take the lead by winning game eight. Carlsen evened the score in Game ten and after two more drawn games the championship was decided in a match of four 25 minute games which was won by Carlsen. This was the second world chess championship out of the last four that was decided in a rapid tiebreak (Anand-Gelfand 2012 was the other). In the 12th and final game of the match, Carlsen had the white pieces but settled for a short draw without taking any undue risk. After winning the tiebreak match, Carlsen was lauded for having the self-awareness to realize he was more likely to retain his title by outplaying Karjakin in the tiebreak rounds rather than risk overpressing for a Game 12 win and losing which is what happened in the one game of the match he did lose. If Karjakin had won the tiebreak match and become world champion I doubt Carlsen would have been as lauded. I don’t think too much one way or the other about Carlsen’s choice because I don’t know the backstory. It’s possible that he was prepared to take more risks if Karjakin had played a different opening but perhaps was surprised in the opening and decided to bail out. No one knows and no one is telling.

  On Sunday the Tennessee Titans were trailing the Kansas City Chiefs 17-10 with 3 minutes left when they scored a touchdown to pull within one point. Instead of kicking the extra point, Titan coach Mike Mularkey decided to try to get the lead by going for a 2 point conversion instead of trying to tie the game on an extra point by kicker Ryan Succop who had made 33 of 35 extra points this season. In the first game of the season Raider’s head coach Jack Del Rio had a similar choice when his team scored a touchdown with 47 seconds left to pull within one point of the New Orleans Saints. Del Rio went for the conversion which was successful, and the Raiders won the game 35-34. The headline on this story was “Gutsy call lifts Raiders past Saints”. The call (and successful result) is seen as a masterstroke that propelled the Raiders to a 10-2 start and their best season in 15 years.

  On Sunday, Mularkey’s call didn’t look so good when the Titans failed to convert the 2 point conversion, leaving the Titans trailing by a point. The Chiefs were a first down away from running out the clock and winning the game but the Titans forced a three and out series, getting the ball back with a minute left which was just enough time to move the ball into field goal range for Succop to attempt a 53 yard field goal. The same Ryan Succop that wasn’t trusted to kick an extra point to tie the game. I think not trying to tie the game via the extra point was idiocy on Mularkey’s part. Even if the Titans had taken the lead via the two-point conversion, the Chiefs would still have gotten the ball with three minutes left which was more than enough time to attempt to retake the lead. If you tell me that Mularkey trusted his defense to stop the Chiefs and get the ball back in case the two-point conversion didn’t work I would ask if he didn’t trust his defense enough to give them a tie game to work with.

  I do have to acknowledge that Mularkey may have been on to something in not trusting his kicker. Succop missed the 53 yard field goal attempt BUT Chiefs coach Andy Reid played the ‘ice the kicker’ card and called a time out a fraction of a second before the snap. On the second attempt Succop made the field goal and Mularkey is being hailed as a genius (at least in this article).

  It is common practice for coaches and players to be judged by their results rather than the decisions leading to said results. In Game 7 of the World Series Cubs Manager Joe Maddon made several questionable decisions. He pulled his starting pitcher and catcher in the 5th inning with a three run lead and watched the replacements promptly give up two runs. Then after bringing in his closer in the 8th inning and watching him allow a game tying homer, Maddon sent him out for the 9th inning when another homer would lose the game and series. Luckily for Maddon the closer gave up no more runs, the replacement catcher hit a home run, the Cubs won the World Series for the first time since 1908 and Maddon’s account of the season is selling for $20 at the Hy-Vee drug store in Marshalltown.

  I didn’t think much of Maddon’s managing and Mularkey’s coaching but there was one recent risk it all decision I did agree with. The 5-8 Philadelphia Eagles were trailing the Baltimore Ravens 27-20 when they scored a touchdown with 4 seconds left in the game. Rather than kick an extra point, Eagles Coach Doug Pederson decided to go for a two-point conversion, saying after the game “I wanted to win the football game.” The two-point conversion failed and the Eagles lost the game. I don’t know if any reporter followed up with Pederson to find out if he knew that his team wouldn’t have disqualified themselves from winning by kicking the extra point but I do agree with his decision. Unlike the Titans (who are battling for a division title), the Eagles are a nothing team having a nothing year that followed up a 3-0 start by losing 8 of their next 10 games. They are going nowhere and there is no reason to not end the game as soon as possible. I tend to see Carlsen’s short draw in the final long game of the chess championship as an indication of his belief in himself while Mularkey and Pederson’s decisions to try to not get the score tied as indication of a panic move spurred by not believing their teams could outplay their opponents. The difference was Mularkey got bailed out and Pederson did not.