Postcards: The Best Sandwich of All Time

Quality matters. Here's how to find it.

Dear Fellow Expat:

When was the last time you raved about a sandwich?

For me… it was six minutes ago.

On Wednesday, the Bonita Beach Country Club (a great name for a dive bar) sells its “Chicago Beef” sandwich.

The Philly sub is on the menu every day. The Chicago Beef is a Wednesday special.

The latter is remarkable. It’s hard to mess up a Philly steak sub. It’s incredibly easy to mess up the Chicago Beef.

They don’t miss.

When the Florida Republic launches officially in January, there will be a ribbon cuttting ceremony that dubs this sandwich the official sandwich of the Florida Republic.

It’s that good.

Quality matters.

Finding Quality

This morning in the Republic Risk Letter (all 1,900 words), I discussed a number of stocks that fall into the deep value world.

I’m not going to pretend that I’m an expert on value - which is why I deflect my insight to Tim Melvin, Tobias Carlisle, and Wes Gray.

But let me share with you what I said today.

The resurgence in the markets makes it difficult f…