Recruiting Football Talk VIII



Oh she definitely was #1 for 15-20 years, then the lovely Shakira for 10-15 and now Adria Arjona (pictured in previous post). There have been some amazing runner-ups along the way (Kate Beckinsale early 2000's, Kate Upton and various South American women in Victoria's Secret) but Salma will always have a special place in my.....uh.....heart.
 
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They want to make a profit? The nerve of those capitalist pig dogs!
No, they want to *sell it* at a profit. There's a difference. They're not in it for the long run, they don't care about making a profit every year and having a long term, profitable business. They want to sell it to someone else in year 5, which means in year 4 they will gut everything if they're the typical PE.
 
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Me and my wife's best friend BJ and his stories is the ultimate sleep aid......I just lay back and relax while listening to great stories that have minimal talking that seems muffled because I'mso relaxed. Funny, the missus seems to really get into those stories and has plenty of energy while I can't even move during or after they're over.
I feel like I need to remind you this is a family site.
 
No, they want to *sell it* at a profit. There's a difference. They're not in it for the long run, they don't care about making a profit every year and having a long term, profitable business. They want to sell it to someone else in year 5, which means in year 4 they will gut everything if they're the typical PE.
Have absolutely no dog in this fight. But it does seem like your built-in premise lies in the idea that gutted businesses in year four are more valuable than long term viable businesses, which doesn't make any sense.

There's nothing wrong with buying a business to grow it and then sell it. I think there's a world where all interests align there between employees, management, and ownership. The failures of PE firms seems much more simple to me. Buying businesses where the new ownership and management doesn't know enough about the business to grow it.

That was certainly the case with the first company I worked for. They were bought, and a ton of money came in to grow the business. But they tried to expand our market share in areas that were not our expertise, and were never going to work. In that case, the "gutting" never came. But if it had, I think it would have made more sense to blame the bad growth plan, not to say it was the plan all along.
 
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So what's the solution to PE's downside, a new round of anti-trust legislation?
More oversight from the SEC(not the football one), more transparency, public filing requirements, etc. Anti-trust could apply in some cases but we’ll never know because PE groups never register with the SEC because they’re so good at avoiding registration requirements. PE is required to register if they manage $150mil or more in assets, but usually they’ll just make shell companies to manage portions of their portfolio so that they never have to.
 
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I think we get Sanders but I don’t like that the commitment thread already has him on the list.

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Don’t put off for this afternoon that which you can do first thing in the morning when you wake up because you’ll spend the afternoon painting the pergola and will likely miss the commitment.

- Confucius
 
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It's been a rough year on this farm, we've welcomed new additions, took in a couple of sick animals we really couldn't afford to..... But as always we make it work. Lost a couple of our goats, one a surprise, the other was a long term cancer case nobody wanted a few years ago.

When we were still able to rescue we always made a promise to our animals. That we would offer them the best life we possibly could and relieve their pain when they told us it was time.

Tonight the longest tenured animal on our farm told us it was time. She's been here since the beginning, the prior owners of this place took her in when her previous owner realized she couldn't be ridden....tossed away like so many are.

The distinguished lady on the left pictured above is Charlotte from a few years ago. She was already an old girl in that photo, around 30 years. It's how I like to remember her, before going nightblind and then completely blind a year later. She had been stalled the last year because she couldn't adjust to the paddock no matter how hard we tried. With the help of our vet she went peacefully this evening after going down.

Our old farmhouse in the distance with the sunrise seems fitting, Chase that sunrise and keep the darkness behind you old girl......Rest Easy!

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You're good people. It sounds like you're at peace with it. Sending prayers .
 

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