Quote:
Originally Posted by cam_wmh
I walked that back, corrected myself, apologized to Bingo and nobody else has stated as much.
Murray tho? Wish he'd spend to the cap with RCR. He hasn't made a capital investment with any of the 6 resorts, in what is it? F#%#ing ever.
Exception; Quebec splitting the $100m, with Murray to update the lifts at MSA. Poor guy needs government intervention whenever his two non-oil companies need facilities.
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He is doing no differently, as it happens, than an owner of an apartment building in many cases. Buy the building....collect rent...and. Let. It. Sit. Let the money roll in, spend only what you must and maximize profits.
You may not like it (I don't, and I don't take clients like this), but from a performance and income perspective...it works.