It’s been awhile. So long, in fact, that I learned the word “y’all” from these crazies in South Carolina.
Here’s a life update FAQ.
I moved to South Carolina. I’ve since learned (“learnt”) the word “y’all.” Truth is, South Carolina is something awesome, given that it’s been 60+ degrees in every day since February.
Yup. I moved here to open up a gym with a friend.
Dude, gyms are a lame investment.
I know, man.
Here’s how it happened: A friend called me up and said he had a sweet biz idea but didn’t have any money. I told him I had no ideas, but I had plenty of money.
So we worked out a deal after drinking way too much and creating a rudimentary model.
It may be the best business I’ve ever seen. I think I bought it at 0.5X 2017 EBIT. I’ll sell it at some multiple several times higher than that to any interested party. 😉
Sidebar: I’ve thought about reviving this blog to discuss private equity investments. Comment if that interests you. Truth is that small business is the best investment. As for the gym, I have the world’s best operator in a commodity business (a license to print money).
What about stocks?
I mean, you can pay too much if you want to. I think that’s your only choice right now, unfortunately.
I’m net neutral. Long and short in equal quantities, plus or minus a few percentage points. Comment here. I’ll email you. I can be more honest that way. I won’t name these companies given a couple of them want me dead.
I run a concentrated portfolio, but recently the movements of the market have been unimportant to my net worth. My recent investments have more to do with finding the truth than making money.
What else is new?
Not much, really. Amused by the current hunt for yield.
How about some fun stuff?
Uh, I’m currently in Omaha with the crazy dude from FinancialUproar.com. I met with Steve from Steveonomics.com, too. Personal finance people are weird, but they’re honest about it. I feel like I spend way too much given how little they spend. Good on them!
Still in Omaha for another ~24 hours or so if you want to meet up.
Retiring on the beaches of Charleston, SC — sooner, rather than later. I’m basically retired*, but I’m not going to write some silly retired-at-26 blog.
Thing is, I feel like writing about being retired is a good way to make sure your money never lasts long enough for you to retire. Karma, or something.
* Does not require Thailand-level living expenses. That stuff doesn’t count.
You didn’t sell out…
…Like the other guys who run PF blogs? No, I didn’t. I really do value conversing with all of you. We all sell out in different ways.
Email me. I prefer private discussion, but comment as you wish — if at all.
But, really, I’d rather chat with you all than blast this place with ads.
Want to chat? Comment here. I need to fix the email forms. If you made it this far, I want to talk to you.