DAY 30 UPDATE: Wednesday, 09-Mar-2005 9:04 AM
Ahhhh... what a good night of sleep can do! Just starting out, I spent some time reading about southwest at southwest.com. If you want to see how good, efficient operations are run and learn something about how well companies can be governed, take some time to read about Southwest Airlines.
Then I took a moment to see cnn.com and read about this poor guy in Italy. After that my "blues" didn't seem bad at all. What was I thinking?
Here is the story from cnn.com:
Heaven
can wait, Italian court tells dying man
With six months to live, man told to return to court in 14 months
Tuesday, March 8, 2005 Posted: 4:42 PM EST (2142 GMT)
ROME, Italy (Reuters) -- A man given six months to live by his doctors has been told by an Italian court to come back in 14 months to hear the outcome of his demand for insurance damages.
Carmelo Cisabella, 39, has an inoperable spine disease and is anxious to pick up some 450,000 euros ($596,300) in already-agreed damages from his insurers to help ease his final months of life, Il Messaggero newspaper reported on Tuesday.
In a bid to speed up the process, Cisabella turned to the Sicilian courts to put pressure on the slow-moving insurers, but was told to return next year to hear their decision.
In his frustration, he chained himself to the gates of the law courts to bring attention to his plight.
Il Messaggero said Cisabella's woes dated back more than a decade when he was left paralyzed by a motorcycle accident. Confined to a wheelchair, he subsequently developed a lethal infection of the spine.
The insurance claim dates back to the road crash.
Italian justice is notoriously slow and it takes on average 3,041 days to obtain a definitive sentence in a civil case.
End of Story from cnn.com
Back to my thoughts...
Today my primary project work continues. Maxsimo.com's marketing plan is still with me and will undergo some fine tuning and will be finished by the end of the day.
Work at nextsuperstock.com needs to be updated with a new list of companies that I have researched, as the old lot had "expired" after getting some great results. More than 100% return in 2004 and a good Q1 in 05. Now on to Q2 and the rest of the year.
Usually the way the stock investing goes is like this:
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About 30% of the pics will be losers.
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About 40% will ge OK, but not good or great. After investing in the company some bad news will come along and turn the stock south. OR the market itself will govern things and the stock will move south.
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About 20% of the companies picked will be winners and will return a good percent, over a short time too.
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Lastly, each year, I hope to have one stock that does really well. And to this stock I will "pile on" more buys over time.
