Yes, The Gorilla Game is the 'manual', 'book' and maybe at some point in the future the 'e-book' that we refer to on a continual basis. The online seminar I am mentioning is currently finishing over at The Motley Fool. It basically taught those that signed up how to locate and evaluate large companies that dominate their respective spaces. Since I've known and followed this strategy for about the same amount of time as gorilla gaming, I thought there were enough parallels on the balance sheet side of the investing equation to encourage any on this list a few months ago to sign up for the seminar. I continue to believe that adding the tool/ability to read and understand a balance sheet so that investors can evaluate a business is a crucial step to long term investing success.
It certainly beats the focus on the Leibniz Pre-Harmonic Oscillation barometer of the market and individual securities. The study of oscillating monads vs. the study of a company's balance sheet is the source of what the Fool is based on for investors. Any Fool that has read "The Motley Fool Investment Guide" knows all about monads and Mr. Leibniz. <ggg>
As to the real estate in the Bay Area, we know the prices are high. Okay, ridiculous is more like it. Our refusal to want to pay also indicates our interest in other areas of the country which cost much less per square foot and offer everything we like to be happily 'settled'. That's why we put a deposit down on a whim on a 3/4 acre lot on a ridge looking at Pike's Peak this week. It doesn't involve the Giants, Napa Valley, the ocean, relatives or many other appealing elements of the Bay Area, but if we can get the same dream home with a great view with all the things a young family needs for about a third to half the cost - why not? Skiing, good schools, cowboys, hiking, lakes and rivers with a lower cost of living might not be a bad trade off. I never thought of Colorado as a place to live, but my wife is doing her best to convince me.
We could certainly find a home in the Bay Area that costs much less, but we're talking a 'nest' to really settle in for a lot of years and we've got our personal 'taste' to satisfy. Rather than bellyache about it, I need to take the time to learn as much as I can about real estate in the next week or two. My wife is sitting here telling me this morning that she is feeling not as reluctant about paying $363 a square foot today than she was yesterday. Wish me luck. We could have the same exact thing with a nice Rocky Mountain view for about $150 to $190 a square foot and not touch as much of our investment money.
JBD,
Take this little tour and tell me if you don't think this home is a little on the 'spendy' side at $363 a square foot when everything else in the neighborhood in that price range has been selling for $329 a square foot in the second quarter of this year. Click on the link below, then click on the Walnut Creek link, then once the home listing window pops up, follow the link to the Silver Hollow Drive link to see a picture, description and virtual tour of the property. It's a nice property, not too big and with charm.
baymls.com
BB |
