Speaking

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Monday, December 21, 2009

Free at last...

I have been metaphorically chained to my computer, trying to get my books up to date and budget for next year. Since I had declined to engage in this sort of activity for... umm,  several months, it was an all-day chore.  And I'm still not done.

However, I have turned the bookkeeping corner. [BTW, did you know "bookkeeping" is the only word with a "triple-double"?]

Forecasting 2010 is proving a challenge. I'm not normally too pessimistic, but bad results this year have probably spooked me. I also think listening to the Cargill market experts several times, has encouraged me to take the profits I can when I can.  Maybe I've reached the point where I begrudge less the guys who can hold and sell at extreme market tops.

I just want to sleep well and show up next spring.

Update: a loyal viewer sent his helpful reassurance my desk demonstrates an ordered mind.
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2 comments:

  1. Anonymous8:28 AM

    John

    I found your essay on cashflows particularly interesting, especially since it was prophetically composed fifteen years ago. Maybe it is just because I seemed to have followed a similiar path with the concept. This leads me to the present moment, with the question of is it really going to matter with the uncertainity facing agriculture in 2010?

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  2. John Phipps8:42 AM

    rswan:

    Capitulation to forecast despair is NOT an option. With the increased volatility, you simply need a newer, faster, larger computer!

    I'd go with a iMac.

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