Billy Rose

And the only way you're going to do that is have at least once a year write the plan down, okay, so that you know if it hits that number, you're going to move 25% of that grain's gone. And the law of the average is, you know, because... My bigger mission that I've always been on with crop insurance is you should be forward selling that grain, not speculative.

And the only way you're going to do that is have at least once a year write the plan down, okay, so that you know if it hits that number, you're going to move 25% of that grain's gone. And the law of the average is, you know, because... My bigger mission that I've always been on with crop insurance is you should be forward selling that grain, not speculative.

And the only way you're going to do that is have at least once a year write the plan down, okay, so that you know if it hits that number, you're going to move 25% of that grain's gone. And the law of the average is, you know, because... My bigger mission that I've always been on with crop insurance is you should be forward selling that grain, not speculative.

Just go up to your 85% or whatever level you buy. And take that money in small little chunks, to Tanner's point, small changes but small chunks so that you can average out. Now, certain guys will wait two years. I know guys that are sitting on two to three years worth of grain right now. It's scaring me. How do they feel? They're not feeling good. No, they can't.

Just go up to your 85% or whatever level you buy. And take that money in small little chunks, to Tanner's point, small changes but small chunks so that you can average out. Now, certain guys will wait two years. I know guys that are sitting on two to three years worth of grain right now. It's scaring me. How do they feel? They're not feeling good. No, they can't.

Just go up to your 85% or whatever level you buy. And take that money in small little chunks, to Tanner's point, small changes but small chunks so that you can average out. Now, certain guys will wait two years. I know guys that are sitting on two to three years worth of grain right now. It's scaring me. How do they feel? They're not feeling good. No, they can't.

When you actually put the carry cost and the bin cost, it adds up. But they hit it big the other way probably, so they're just telling you about that. I'm not going to tell anyone how to manage their farm, that's for sure. But you talk about... important traits, I think it's really key that you have a positive outlook.

When you actually put the carry cost and the bin cost, it adds up. But they hit it big the other way probably, so they're just telling you about that. I'm not going to tell anyone how to manage their farm, that's for sure. But you talk about... important traits, I think it's really key that you have a positive outlook.

When you actually put the carry cost and the bin cost, it adds up. But they hit it big the other way probably, so they're just telling you about that. I'm not going to tell anyone how to manage their farm, that's for sure. But you talk about... important traits, I think it's really key that you have a positive outlook.

And Tanner, you and I were talking a little this morning about Warren Buffett's partner, Charlie Munger, okay? Charlie recently died, okay? One of the wealthiest men in the world. I wanna just read something that I never knew about Charlie Munger. At 31, Charlie had lost his son, his wife, and his fortune, okay? And he had one incredibly simple idea change his life forever.

And Tanner, you and I were talking a little this morning about Warren Buffett's partner, Charlie Munger, okay? Charlie recently died, okay? One of the wealthiest men in the world. I wanna just read something that I never knew about Charlie Munger. At 31, Charlie had lost his son, his wife, and his fortune, okay? And he had one incredibly simple idea change his life forever.

And Tanner, you and I were talking a little this morning about Warren Buffett's partner, Charlie Munger, okay? Charlie recently died, okay? One of the wealthiest men in the world. I wanna just read something that I never knew about Charlie Munger. At 31, Charlie had lost his son, his wife, and his fortune, okay? And he had one incredibly simple idea change his life forever.

As a young man, Charlie appeared to have it all. He graduated from Harvard. He had a very sharp intellect and quick wit. He had earned widespread respect in his field. Personally, he was a devoted husband and father, growing a family and building a future. However, devastating events dramatically changed the course of his life. Charlie's marriage ended in divorce.

As a young man, Charlie appeared to have it all. He graduated from Harvard. He had a very sharp intellect and quick wit. He had earned widespread respect in his field. Personally, he was a devoted husband and father, growing a family and building a future. However, devastating events dramatically changed the course of his life. Charlie's marriage ended in divorce.

As a young man, Charlie appeared to have it all. He graduated from Harvard. He had a very sharp intellect and quick wit. He had earned widespread respect in his field. Personally, he was a devoted husband and father, growing a family and building a future. However, devastating events dramatically changed the course of his life. Charlie's marriage ended in divorce.

He lost the custody of his children shortly after his nine-year-old boy, Teddy, was diagnosed with leukemia and died. At the same time, a speculative real estate investment failed, leaving Charlie financially ruined at age 31. Around the same time, he had a routine eye operation, which was botched, and he lost his eye, his left eye. So at 31, Charlie had lost everything.

He lost the custody of his children shortly after his nine-year-old boy, Teddy, was diagnosed with leukemia and died. At the same time, a speculative real estate investment failed, leaving Charlie financially ruined at age 31. Around the same time, he had a routine eye operation, which was botched, and he lost his eye, his left eye. So at 31, Charlie had lost everything.

He lost the custody of his children shortly after his nine-year-old boy, Teddy, was diagnosed with leukemia and died. At the same time, a speculative real estate investment failed, leaving Charlie financially ruined at age 31. Around the same time, he had a routine eye operation, which was botched, and he lost his eye, his left eye. So at 31, Charlie had lost everything.

his family, his fortune, and his direction. But he refused to let tragedy define him. Life will have terrible blows, horrible blows, unfair blows. It doesn't matter, he said. His idea was to adopt a positive outlook, refusing to be a victim.

his family, his fortune, and his direction. But he refused to let tragedy define him. Life will have terrible blows, horrible blows, unfair blows. It doesn't matter, he said. His idea was to adopt a positive outlook, refusing to be a victim.