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Saturday, January 12, 2008 11:07:02 AM
I passed on investing in Nextel in a pre-ipo placement years back because the idea of a walkie talkie did not make sense. I'm not going to look back at Fuego in 5 years and regret missing the ride.
For goodness sakes. Jimmy Collins helped Richard Branson build Virgin into a multi billion dollar empire and has planted himself in little Fuego.
Warren Buffet will agree that you invest in companies that are not in a fad type market, run by people you can trust and try to buy it at a discount.
When revenues are tallied for 2008 we will have no question that 1.00 shares were highly discounted.
I wish Sterling would do a comprehensive post and detail every source of income... There are multiple streams coming in and people are not taking the time to thoroughly research what is happening under their noses.
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