Welcome to Flashlight & A Biscuit, my Saturday-morning Southern culture offshoot of my work at Yahoo Sports. If you’re just arriving for the first time, why not subscribe? It’s free and all.
Picture this in your mind: a creature with "the skin of an elephant, four or five feet wide by twelve feet long, with the face of a catfish,” “the size of a boxcar,” with skin peeling all over, a bone protruding from its forehead, and a call that sounds somewhere between “a cow's moo and a horse's neigh.
The American dream promises that if you work hard enough, you can build enough financial security to enjoy some of the finer things in life: a decent car, an occasional vacation, and of course, a nice home for your family. But that latter aspiration is no longer within reach for many people — and as with most problems currently plaguing America, big corporations may be to blame. Masked as investment groups, these multi-million dollar businesses have been gobbling up single-family rentals in droves over the last decade.
Set Boundaries, Find Peace, was published three years ago and has sold 531,000 copies. This book made me an author, and I am thrilled to see that it is still successful.
Drama Free became a New York Times Bestseller when it was released in February. The book tour was phenomenal, covering eight cities.
I have noticed some amazing deals on my books. This is a perfect opportunity to purchase a copy for yourself, a friend, a co-worker, a partner, or even your in-laws.
*Disclosure: I have owned shares of BH since 2021 and it is one of my largest positions
Biglari Holdings (BH) is a compounding machine run by a skilled capital allocator who treats shareholders fairly. Many readers familiar with BH might think this first sentence is a joke, but that is exactly why this opportunity exists. While the market has held a negative opinion on BH for a long time, I look at this situation differently.
In our review of the Sage 17 back in issue # 75, we talked about how few production sailboat companies remain. At boat shows in the 1970s and early 80s, the golden era for little plastic boats, you’d see multiple small-boat builders—many with competing models in a variety of classes. But various factors such as rising oil prices, government regulation, the boom-and-bust nature of the economy, and to some extent the extraordinary durability of fiberglass boats themselves, has made the manufacture of small sailboats less lucrative than it once was.