Chopping Holes in The Floor + TBs Purchased

I’m beginning to think that this whole sell-off thing is serious. Anyway:

  • Put RTHG strategy in effect this morning and sold all Scout Team Companies.

Note on RTHG Strategy: Chopping Holes in The Floor

Some people think that the most power Hurricane to ever hit the U.S. was the one that wiped out most of Galveston, Tx back in September 1900. Back then Galveston was a burgeoning city competing with Houston to become the Deep Water port of preference for the Gulf coast. Back in that day, the growth and economic stakes were huge and at the time Galveston appeared to be winning that battle. Then came the Hurricane.

This was before we could predict or track hurricanes and oddly enough we depended on Cuba for early warnings as the storms typically, but not always, passed over or near Cuba on their way to us. Unfortunately, the fledgling U.S. weather service at the time not only did not trust the Cuban weather people but in some sort of dispute had ordered the U.S. offices to cut off communication with the Cuban guys. The first Galveston was to become aware that they had seriously bad weather was when the storm actually showed up. And even then the local U.S Wether Service in Galveston blew it off as just a typical storm.

Total lives lost estimates to this day are unknown with some estimates as high as 8.000 to 10,000 people. Reports are that adults and children were playing on the beach up until the time fishing piers and bath houses, restaurants and shops began to collapse and blow away. Now…as tragic and devastating as the Great Galveston Hurricane was - you might be asking yourself, what in the world could that hurricane have to do with investing. Well…as it turns out, at least for me, quite a lot.

Back in that day the homes were built on timber pilings just as they are today, albeit, just not quite as sturdy. Homes were typically two story with living areas and kitchens on the first floor and bedrooms on the second floor. They sat about 14Ft above the land, seemingly high and dry, but the storm wave that rolled into Galveston that day was later estimated to be 18-20ft. It was reported by some survivors that as the water level crept higher and higher some people took axes and began to chop holes in the floors hoping that the weight of the water on the first floor of their homes would anchor the homes in place. Those families would then retreat to the second story - which is to say, Retreat to High Ground.

Estimates of wind speed and Barometric pressure for the Galveston Hurricane are generally unknown: the equipment used at the time to measure both were on the roof of the building housing the U.S. Weather Service and blew away. Some estimates put the wind speed at 180-200 mph and the Barometric pressure at a historic low never since repeated.

  • Combined those funds with cash on hand and purchased Trading Blocks in everything else.

Current Roster:



B) The Bench


Nothing left to do but Hunker Down once again.

All the Best,