Front Runner [Part Duex]

The art of investment is the discipline of inaction in the absence of a good opportunity, but aggressive action when one is identified. - Li Lu

The psychological mood of people changes more drastically than anything else in finance. Human nature changes least of all. - Benjamin Graham

Our world is not divided by race, color, gender or religion. Our world is divided by wise people and fools. And fools divide themselves by race, color, gender and religion. - Nelson Mandela

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride. Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes. - George Soros

Hi - My name is Chris Sumner. This blog was started to prepare for a transition back to the entrepreneurial life. Fortunately, it appears VERY FEW people slow down and read so highly doubtful anyone will read these test runs…

I ride around on a bicycle working as a gas station attendant at Chevron. My family describes me as a failed drunken stock broker. I have no idea what I am doing!

Looking back at the financial advisory business it’s utterly amazing to consider past personal hubris & ego in the AUM ‘business.’ Cool thing was all intentions were ethical and plausibly too naive.

Don’t confuse a bull market with brains. - Rick Rule

Never could imagine so many prognosticators in financial securities who have never humbly made anything in their life.

Unthinkable to see so many online whom are all-knowing of every market machination.

All chiefs & few Indian sensibilities has advantages.

Nobody owns prospect generation / royalty companies during a time where all major producers are seeing massive supply destruction.

Opportunities like this can lift a bicycle rider to entrepreneur rapidly. Possible.

Project Front Runner is to acknowledge a possible window of opportunity moment - ability to accumulate accreditation type investment deals in the secondary resource stock market.

Nearly all those reading this are NOT an Accredited Investors. We do not have $1M in liquid fund available to the newsletter favorite of financings with warrants. As small Rōnin we always consider Second - Level Thinking [Howard Marks] considering results after the immediate consequences.

Probability > Showing the best teams love when there is distrust in the sector. We believe in Real People of Action with Principles.

Fortunately I can bring 3 properties to the table for my new family > projects in Uruguay where 2 are cash flow positive. These long term investments were around the passion of design / build and possibility of creating a cash flow business.

5 years as a US Naval Supply Officer retiring Honorable helped envision business in Asia. Singapore & Japan taught many lessons much less the jewelry/gold dealers from Thailand. Still clueless regarding capital efficiency with skin-in-the-game.

Lesson - Accept World Travel & Paid Experiences when Young. Obtain real Skills.

3 years at Honeywell Commercial Aviation Systems serving the production line for unrealistic sales to Boeing, Airbus, Learjet and Bell Helicopter to name a few… Sales reps at Honeywell were fortunate to tell customers what they wished to hear with shit flowing downstream to those not interested in silly little metrics like production planning set up buy supply chains for negotiations with Asian contractors doing the heavy lifting. Spreadsheet MBA Jockeys who can’t change a tire 4 their Honda Accord [now Acura, please] were part of the quarterly accretion not to be bothered with us feudal serfs at the plant actually completing hard assembly & procurement to meet FAA standards so old tech 737’s don’t fall out of the sky [unless programmed to self fly into buildings]. M&A with Allied Signal wiped out my managers…. Final year of accepting all accounts resulted in Advanced Eduction.

Young People > Consider Hard Industry Experience away from the current mania in Screen watching > obtain REAL Tacit Knowledge.

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The Mexican Standoff went from calling down the thunder to a non - event thru mutual understanding of all were ‘ready 2 go’ -

My amigos soon appreciated an understanding from an elder and allowed my own space away from where they continued with their own version of ‘Bread & Circuses’ provided somewhere inside the California Penal System.

Divide & Conquer tactics later witnessed at the pull up bar.