Originally Posted by
Balance
First come, best dressed! Paul has taken some of his money out by selling some of the horrendously undervalued shares before others do?
Restaurant trade? The late Anthony Bourdain wrote this :
"TO WANT TO OWN a restaurant can be a strange and terrible affliction.
What causes such a destructive urge in so many otherwise sensible people?
Why would anyone who has worked hard, saved money, often been successful in other fields, want to pump their hard-earned cash
down a hole that statistically, at least, will almost surely prove dry?
Why venture into an industry with enormous fixed expenses (rent, electricity, gas, water, linen, maintenance, insurance,
license fees, trash removal, etc.), with a notoriously transient and unstable workforce, and highly
perishable inventory of assets?
The chances of ever seeing a return on your investment are about one in five.
What insidious spongiform bacteria so riddles the brains of men and women that they stand there on the tracks, watching the lights of the oncoming locomotive, knowing full
well it will eventually run them over?
After all these years in the business, I still don't know."