Heritage [Part Deux]

A little experience is worth much argument; a few facts are better than any theory.  - William Stanley Jevons

You have no control over the hand that life deals you, but how you play that hand is entirely up to you. - Voltaire

Life is a School of Probability. - Walter Baghot


U N D E R  CO N S T R U C T I O N

Oxbridge classicists going into the City; the énarques in France; the Ivy League in the US - 
Plato’s Republic Thesis - Gifted Rulers from Ivory Towers over the masses thru enlightenment - 
Stakes are going up as many are recognizing & learning of the eugenics cult as part of this construct

Plato - Citizen leader warriors who may drink wine
Huxley - Brave New World > Drugs & Absence of Art / Western Civilized Poetry

Our families came from humble roots predominantly centered around manufacturing centers within USA Inc. [Estados Unidos]. A primary philosophy aimed at honest living is the art of producing more than one consumes.

There is no substitute for learning by doing. 

Lessons

All great investors embrace volatility

Capital Structure - financing impact past 20/30 years

Not confusing a bull market with brains

Mass Psychology 

Recency & Confirmation Bias

Graham / Dodd Valuation Metrics > Austrian School Economics

Retail is a brutal business, but after a year of balance sheet analysis an understanding of the world’s most profitable businesses achieving accretion to investors. There are opportunities offering potential higher probabilities of success in selected societal segments. Example: Phillip Morris’s Cartons of cigarettes are as much a commodity as a potential currency should economies lose confidence….

Departing the U.S. Navy as a supply officer a life changing event was an interview with Deere & Co. and was so informed my past life was about consumption.

Younger people in this new paradigm need to see where they may land on the Profit & Loss sheet.


Honeywell M&A with Allied SIgnal

Move from Manufacturing to sales…

Skills to speak

Strategic sales is really offering solutions…



Humility played a part in Founder C’s move from a U.S. Naval Officer into the corporate world. Immediate family helped illuminate shortcomings around sales [unknown how this was deduced other than thru ethnocentricity]. Key move in life is acknowledging one needs more skills & thinking strategically.

A fortunate stint in international retail & logistics helped illuminate cultural trends in Asian theater while also learning of other philosophies.



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