longlake95

BLDR

Okay folks, let's play nice. There's a lot bear shit flying around. Healthy dialog is good but this is coming off the rails.

Not a blind quote. I'm aware of the nuances of life & investing, but still much to learn - ask my wife. The quote was mentioned because its simple and powerful. Would you rather a smooth 12%?

Remember, we are here for a lumpy 15%+, not a smooth 12%.

TFII GIL SCR SJ (to a lesser degree, they back lots of stock, but sometimes at prices I think are full..)

thanks for the kind words on TFII. Yes, it's been great - I did trim some. But still it's a hefty position. GIL/CNC are my other high conviction ideas. I'm aware of all the problems with CPG. These food stocks have been bombed out. At some point it's all priced in... I think we are basically there. At some point inflation "cools" (whatever that means) the consumer gets to a bit better place and we get some volume growth. If KHC just goes from lousy to mediocre we could get a very decent total return over time. Viking will probably tell me I'm crazy, I think he worked in CPG...

KHC I know, I know, why the would you do that?

FFH

FFH

GIL

+1

Email John Varnell. Always helpful.

BRK.b

Got a couple of hats.

a little GIL