Postcards: She's the One
If you have $1,000 and you're just getting started in the equity markets, buy shares of this closed end fund. You can thank the Florida Republic in 20 years...
Dear Fellow Trader,
We were driving up Interstate 83 when the love kicked in.
It was St. Patrick’s Day weekend.
We were a mile from the Timonium Road exit… on the way to the An Poitin Stil, a bar my father opened in the late 1990s.
The sky was grey.
The car (a blue Honda Civic) was terrible.
But on the radio… was the song “Juicy” by the hip-hop artist Notorious B.I.G.
She turned the volume up with her left hand. She didn’t know ALL the words. But just enough. She raised her right index finger… and sang the following…
“Super Nintendo… Sega Genesis. When I was dead broke, man, I couldn't picture this. 50-inch screen, money-green, leather sofa. Got two rides, a limousine with a chauffeur.”
Then she cut herself off and laughed—the way she does.
And I thought at that moment… I’m going to marry this woman.
I did…
Three years later, about a mile from the Timonium Road exit.
She’s the One
The adage goes that there is a gun pointed in your direction.
And you must pick one equity to own forever.
One company. O…
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