Brian Clark: “I bought some PCL a year or so ago and took a beating on it. While it has rebounded, I am still down 20+%. Is this a buy, sell, or hold?”
☞ Anything could happen, especially in the short run, but I’m holding mine for the very long term. The trees keep growing, the population keeps growing … and over the long run, lumber is likely to keep its value better than the dollars you’d get if you sold the stock.
I’ve just read Jack and Lem, by David Pitts, about the lifelong friendship of two Choate boys – a straight one who went on to be President of the United States, bedding scores if not hundreds of women along the way … and a gay one who adored him, was virtually adopted by his family, and had a room at the White House. The book’s web site is here. And here is the recording of a brief phone call between them of no significance at all, except as a way to hear the two voices. It is a view of Kennedy, and of a world before “gay liberation,” from an unusual and interesting angle.
And then there’s Family of Secrets, by Russ Baker, discussed in this author’s presentation. Oh, my. Oh, my. Oh, my. “Shocking in its disclosures, elegantly crafted, and faultlessly measured in its judgments, Family of Secrets is nothing less than a first historic portrait in full of the Bush dynasty and the era it shaped.” – Roger Morris, former senior staff member, National Security Council, and author of Richard Milhous Nixon: The Rise of an American Politician and Partners in Power: The Clintons and Their America
Quote of the Day
The American Constitution is, as far as I can see, the most wonderful work ever struck off at a given time by the brain and purpose of man.~Gladstone
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