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Flying into the flame, indeed!

A) emotional investing ... patriotic, but emotional
B) been to Reno, got the t-shirt, lost the t-shirt in Las Vegas
C) I encourage a bit of speculation with a few percent of the portfolio for many investors (hang on, I'll post my e-mail address; I accept Paypal)
D) can you say "contrarian?" can you say "deep value investment?" can you say "deep doo-doo?" Garrison Keillor said it charmingly: "I believe that sometimes you have to look reality in the face and deny it!"
E) emotional investing, deep value investing, speculation, high hopes ... a little too much Tabasco in that stew for my taste!
F) I've heard rumors of a herd but all I've seen so far has been a dust cloud of epic proportions.

Although I was part of the herd WRT my common shares, I'm still holding my F.PRS with a 6% yield at my cost, 10% yield at the current price. Try to tell me that's not a risk premium! I'm honestly tempted to buy on dips but I'm haunted by the phrase "a better place for the money." I could claim that buying would be a contrarian move but that would be too reminiscent of my return trips to Las Vegas where where my gambling money simply contributes to the hotels paying their light bills.

Lord knows I WANT Ford to survive and thrive and I WANT to buy back into the common stock but for the next year or two, taking that seriously would involve alcohol, drugs and denial. OTOH if the common dips to $7.25 ...

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