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Re: leftope post# 11

Wednesday, 02/19/2014 12:37:30 AM

Wednesday, February 19, 2014 12:37:30 AM

Post# of 42
wow. Excellent insights...and it has that ring of fairness, honesty and accuracy. Very Much appreciated!

There is allot of DD I can gather here in Oregon on the internet but at the end of the day I'm still 2,775 miles away... and there will always be a part of the story the internet just can't reveal the way boots on the ground do. Your report is exactly what I was hoping to get and the timing of it couldn't have been better.

The preferred shares will "suck up a lot of earnings power" for sure...but I'm optimistic this will be a break-out year for MFBP.

Investing requires continuous learning, even though the underlying concepts (buy-low-sell-high, margin of safety, etc.) never change.