semi-coherent yapping More price movement at 75 which is above the take-out price.
Looking forward to this being over (which I don't like to say, because I was in for the long long haul).
Still tempted to take the steps needed as a legally dissenting shareholder, but time is likely running out.
Remember that boycott list, and tell all your friends, connections, and acquaintances too.
You can leave a voicemail at Fairfax saying you are disappointed in them, and state your boycott plans. Phone: (416) 367-4941 . You will need to use the company directory option and key in the last name of John Varnell (VP of Corporate Development) then leave a message at the prompt.
You know what gang? At least we got a little of the excitement that we anticipated. We anticipated a buyout, and it is happening. There have been bids, counterbids, trading halts, weekend dramatics. This is all good stuff!! Great stuff!!!! Unfortunately, the stockmarket is a savage place and we were savage enough in this investment.
I will really miss you guys! We should stick together somehow. I have posted my email previously. Maybe we could form some kind of informal investing club or mutual consultation and resource-sharing group? We came up with a lot of great stuff together.
Knowing what we know about Watsa, maybe we could make a more informed play regarding BlackBerry...another major Watsa holding. Ha! Likely a little too soon for another fair and friendly acquisition. Barf. Barf. Barf. Barf. Barf.
Well, I guess could still get that Grand Seiko! But, not with the Torstar riches I was envisioning.
Even if the privatization price was $4, I would still be underwater considering the interest expense of the loans I took to invest in Torstar! Helpful hint to myself: probablyl shouldn't do that.
I have probably mentioned it before, but I think I was a little too emotionally attached to Torstar.
I was a Toronto Star paperboy for a few years. The first payment I every got for writing, was for an article published in the Toronto Star.
Needless to say, those memories are no longer uniformly rosy.
It looks like I need to follow my own advice now. I often repeat the wisdom that we should enjoy the journey, the work, and not care about the destination or the product of the work. Well, that is certainly the situation here.
My alias on this website is twentychances. As you may or may not know, this alias is based on on Warren Buffett's idea that we should imagine that we get ONLY ONLY ONLY ONLY ONLY
twenty investment opportunities in our lifetimes. With that kind of thinking, we would be very careful with our investment choices.
So, before long I guess I will have nineteen more chances. That is something there. That is good. Nineteen more chances with the benefit of this @$!$#$!@$!$!$ Torstar experience.
Alright lads, keep your sticks on the ice, keep your heads and chins up, buy a poppy, support our veterans. Put up your feet, enjoy the weather, sip a lemonade, pull some weeds, swing in a hammock...and all that sort of thing.