RE:RE:RE:RE:RE:RE:Back to 100% cashI'm not going to let out the identity of the individual, other than that he's still in the limelight and charges thousands of dollars to investors with deep pockets to have a one hour lunch date.
All proceeds from the lunch, which is also paid for by the investor, are donated to charity.
The very first thing he straightened me out on, is that there are four types of investors.
The first type and usually the market movers are extremely wealthy individuals/institutions.
The second type are those that just want to put their hard earned money into a "safe" place where it will accrue interest, they never have to check on it, so they pay someone outrageous amounts to take care of portfolios with small value. Often they pay as much as people with very valuable portfolios, with a lot less return for the money. Bank GST type investments make up a large part of both of these portfolios. Investing isn't for most people.
Three, people that have enough money to invest (without borrowing) doing as much due diligence as their resources allow and setting up some very strict profit/loss limits.
Everyone loves the odd slam dunk. But don't bet on them.
The lowest price I picked up BK at was right after the markets tanked 2020. When I did the sell in early may, some of the units were sold at three times what they were acquired for. That's the last slam dunk I was able to get in on. I've missed several others but my strict adherance to the limits, just doesn't allow me to jump in on most of them.
I did see a very nice Cinnamon/Black phase Boar this morning, around 7am.
The first time I saw this bear was just over 5 years ago, as a cub, tagging along beside it's Blonde phase mother. No, I won't shoot either of them and am very careful about shooting the females anyway.
As for this particular Boar, he's sort of an old friend and as I age they're becoming fewer all the time. He's close to 250 pounds and over six feet long. Today, I saw him grazing beside a creek, on young Skunk Cabbage shoots and Cat Tail roots. Both are loaded with protein at this stage.
He's still in the area I saw him and he will likely be there for another week or so, before he moves higher for the more succulent Dandelions just coming into bloom. Hopefully he stays away from the corn fields as that will be a death sentence.
Preferrably I would like to get a three year old Boar in the next couple of weeks, before they get to fat. If not?? There's always next year. The meat is far more important than the kill, more of a harvest.