Pete Ferrell

My great-grandfather founded the place, and I'm the fourth generation of the family to run it. But now John Wagner is running it through this arrangement, and it's so far working out quite well.

That's correct. My great grandfather, he was he was orphaned during the Civil War and was one of those kind of rags to riches story stories. He learned Morse code. He was the first telegraph operator in Council Grove. He was the first telegraph operator in Wichita, Kansas. He was kind of a founding father over there.

That's correct. My great grandfather, he was he was orphaned during the Civil War and was one of those kind of rags to riches story stories. He learned Morse code. He was the first telegraph operator in Council Grove. He was the first telegraph operator in Wichita, Kansas. He was kind of a founding father over there.

That's correct. My great grandfather, he was he was orphaned during the Civil War and was one of those kind of rags to riches story stories. He learned Morse code. He was the first telegraph operator in Council Grove. He was the first telegraph operator in Wichita, Kansas. He was kind of a founding father over there.

But he had an amazing story where he just kind of figured out, you know, he figured out how to fix watches. He was selling apples. He was a merchant. And eventually he put his holdings into this ranch. He kind of seemed to consolidate everything he had into this place where I now live. My wife and I live in the house that he built 100 years ago. So we have... We have deep roots here, Tanner.

But he had an amazing story where he just kind of figured out, you know, he figured out how to fix watches. He was selling apples. He was a merchant. And eventually he put his holdings into this ranch. He kind of seemed to consolidate everything he had into this place where I now live. My wife and I live in the house that he built 100 years ago. So we have... We have deep roots here, Tanner.

But he had an amazing story where he just kind of figured out, you know, he figured out how to fix watches. He was selling apples. He was a merchant. And eventually he put his holdings into this ranch. He kind of seemed to consolidate everything he had into this place where I now live. My wife and I live in the house that he built 100 years ago. So we have... We have deep roots here, Tanner.

And to say we love this place is an understatement. We care for it very deeply.

And to say we love this place is an understatement. We care for it very deeply.

And to say we love this place is an understatement. We care for it very deeply.

Well, I had a front row seat on a failed succession plan. The ranch was partitioned in 1968. I don't think my dad expected me to come home because the place had been diminished in size to the point that it was going to be hard to make a living here. But I fooled him. I came back and pitched in. And quite frankly, Tanner, those were some of the most –

Well, I had a front row seat on a failed succession plan. The ranch was partitioned in 1968. I don't think my dad expected me to come home because the place had been diminished in size to the point that it was going to be hard to make a living here. But I fooled him. I came back and pitched in. And quite frankly, Tanner, those were some of the most –

Well, I had a front row seat on a failed succession plan. The ranch was partitioned in 1968. I don't think my dad expected me to come home because the place had been diminished in size to the point that it was going to be hard to make a living here. But I fooled him. I came back and pitched in. And quite frankly, Tanner, those were some of the most –

let's say carefree days of my life for five years, I got to live as a, as a cowboy with my, uh, my college roommate was here and we had, you know, beer and girlfriends and, uh, not a lot of money, but we weren't worried about it. But somewhere in there, my dad says to me, Hey, you want to buy it back? And, um,

let's say carefree days of my life for five years, I got to live as a, as a cowboy with my, uh, my college roommate was here and we had, you know, beer and girlfriends and, uh, not a lot of money, but we weren't worried about it. But somewhere in there, my dad says to me, Hey, you want to buy it back? And, um,

let's say carefree days of my life for five years, I got to live as a, as a cowboy with my, uh, my college roommate was here and we had, you know, beer and girlfriends and, uh, not a lot of money, but we weren't worried about it. But somewhere in there, my dad says to me, Hey, you want to buy it back? And, um,

without giving it any thought, and you should think about that, I said, yeah, sure, let's buy it back. And so then he went and died on me right when my first payment was due. And so I had to grow up. Overnight, I had to transition from being a carefree cowboy to a ranch manager. On the day he died, I'd never written a ranch check. And so I had a lot to learn about economics and finance.

without giving it any thought, and you should think about that, I said, yeah, sure, let's buy it back. And so then he went and died on me right when my first payment was due. And so I had to grow up. Overnight, I had to transition from being a carefree cowboy to a ranch manager. On the day he died, I'd never written a ranch check. And so I had a lot to learn about economics and finance.

without giving it any thought, and you should think about that, I said, yeah, sure, let's buy it back. And so then he went and died on me right when my first payment was due. And so I had to grow up. Overnight, I had to transition from being a carefree cowboy to a ranch manager. On the day he died, I'd never written a ranch check. And so I had a lot to learn about economics and finance.

And I crisis managed for a long time. I was literally in the wilderness. And I'm sure that many of your listeners will probably relate to this. It's like, all of a sudden, you're the one that's got a right to check. You've got to figure this out. So anyway, it was... It was an interesting education, if you will. And I have to always mention the many, many people that helped me, extension, bankers.