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The Monday Morning Memo

Thumb up, pointer finger extended, “Bang!” It was his best trick, playing drop-dead Ted.

I thought my wife was going to kill him the first night in the apartment. Cordoned off in the kitchen, he started to howl. The hot water bottle trick didn’t work. The ticking clock didn’t work. The stuffed Pooh bear got us a night’s sleep, and Teddie had a new best friend.

Our neighbor Bill used to torment Ted and us by jingling his keys as he walked by. Just so he could hear Sharon scream, “Shut-up Teddie!” I have yet to meet a dog that understands the word shut-up.

Ted loved camping. The freedom to run with his friend Kiena the yellow lab. He would rip around like a racing motorcycle leaning hard into the corners all day. And curl up with us in the tent at night.

Ted became Poppa’s buddy when he was battling cancer and staying with us in the apartment. Poppa loved the fact Ted would sit on his lap when he took him in his truck.

We moved into a house in a small town to start our family. Ted could recognize the boy’s cries, just like any parent can. He loved the tiny humans that increased the size of his pack. And they hugged him right back.

When they started attending school, Ted rode shotgun every day. He walked the boys up the path to school and loved all the attention and affection.

Spider Ted was a real hit on Halloween. Of course, he loved the donut hole he got at Tim’s on the way back home when I got my coffee.

We moved again—this time to get a pool for the boys. Ted liked swimming and shaking. 

Teddie’s vet came out of retirement to help him transition to heaven. That day sucked. 

I don’t believe there is separate doggy heaven. Just one so I can see my buddy again and watch him roll over—his second-best trick.

– Gary Bernier

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Random Quote:

“I was genetically blessed with a certain wiring that’s very useful in a highly developed market system where there’s lots of chips on the table, and I happen to be good at that game. Ted Williams wrote a book called The Science of Hitting and in it he had a picture of himself at bat and the strike zone broken into, I think, 77 squares. And he said if he waited for the pitch that was really in his sweet spot he would bat .400 and if he had to swing at something on the lower corner he would probably bat .235. And in investing I’m in a ‘no called strike’ business which is the best business you can be in. I can look at a thousand different companies and I don’t have to be right on every one of them, or even fifty of them. So I can pick the ball I want to hit. And the trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot. And if people are yelling, ‘Swing, you bum,’ ignore ’em. There’s a temptation for people to act far too frequently in stocks simply because they’re so liquid. Over the years you develop a lot of filters. But I do know what I call my ‘circle of competence’ so I stay within that circle and I don’t worry about things that are outside that circle. Defining what your game is – where you’re going to have an edge – is enormously important.”

- Warren Buffett, in the 2017 documentary, Becoming Warren Buffett

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