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  #781  
Old 02-05-18, 06:05 PM
Arrogate Arrogate is offline
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Best thing I ever bought was a huge freezer to store meat
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  #782  
Old 02-05-18, 07:01 PM
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eastside_purple eastside_purple is offline
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eastside_purple is infamous around these partseastside_purple is infamous around these parts
I have a bevador cooler for beer in the basement. Not sure if it’s the best thing I’ve ever bought, but it’s close.
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  #783  
Old 02-05-18, 07:09 PM
Arrogate Arrogate is offline
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Originally Posted by eastside_purple View Post
I have a bevador cooler for beer in the basement. Not sure if itís the best thing Iíve ever bought, but itís close.

Those are sweet
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  #784  
Old 02-05-18, 08:57 PM
domi domi is offline
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Originally Posted by Arrogate View Post
The cattle industry is pretty wild, I admittedly know very little about it but the way they buy and hedge cattle on the market it is a really intricate business. I have a lot of respect for my boss because he built his company from the ground up as has stayed in business for so long especially when the markets were so volatile. That old man knows his sh1t.

What's cool about his deal is that he has all these ag businesses and he keeps paying himself throughout almost every stage of that cow's life, from the feed, grain corn, etc to sale barns, feed yards and just has it really going on.

Never really knew how much money was involved in that industry. And you need a lot to be involved in it and similar to any investing be ready to take losses
A guy I use to work with was a controller for a farmers co-op. Much like you say I couldn't believe it about the amount of money he said would flow through that place. It was definitely not little house in the prairie style where you buy a young cow, raise it, then march it on down to the slaughter house.

On a somewhat related note I found a couple years ago how a butcher can mess up a cow. I went half with a friend on a whole cow and we ended up with some horrible cuts of meat. We ended up getting everything replaced but I have never ate such bad steaks in my life.
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  #785  
Old 02-06-18, 09:42 AM
OhioBobcatFan06 OhioBobcatFan06 is offline
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What's cool about his deal is that he has all these ag businesses and he keeps paying himself throughout almost every stage of that cow's life, from the feed, grain corn, etc to sale barns, feed yards and just has it really going on.
vertical integration nice
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  #786  
Old 02-06-18, 09:49 AM
WinstonSmith WinstonSmith is offline
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WinstonSmith has a little shameless behaviour in the past
Gentlemen about 6-10 years out from retirement sold to fixed positions in May. Decided today to get back into a 100% stock allocation. Thinks he timed it great, doesn't realize he missed on an ~20% rise in the market from May-late Jan.
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