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Brown-Forman (BF.B): Jack Daniel’s Tennessee Whiskey Is Out Of Favor, But Only Temporarily

November 18, 2024
in Market & News
Reading Time: 4 mins read
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Brown-Forman (BF.B): Jack Daniel’s Tennessee Whiskey Is Out Of Favor, But Only Temporarily
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For almost a decade, I held research analyst positions in various investment firms, mostly in Toronto. In the summer of 2021, I left the city and moved into a yurt I built in the boreal forest. I went from living in downtown Toronto to living alone in the woods approximately 100km away from the closest paved road or grocery store.The longer I stay in the woods, the more I experience the omnipresence of divine energy. Self-sufficiency does not exist, as I simply replaced my relationships with grocery stores and utility providers with natural ecosystems, and, ultimately, with God. Knowing that I am able to fulfill my basic needs even when alone in the woods allowed me to replace with love the feeling of anxiety I had in the city.Although my relationship with financial markets changed over time, my love is still alive and well. I deeply understand the importance of timing when it comes to maximizing the impact of my actions. When it is too soon or too late, not only the impacts are not maximized, but it can actually be destructive. The fourth dimension is my biggest weakness, and I am now learning to live in accordance with its principles. In a way, it is useless to blame myself for previous mistakes related to time, as I was still struggling in the third dimension.My life is a call option with a time maturity of approximately 100 years, if everything goes well. I am 29 years into the trade, and the call option is now in the money. To maximize its value, I am willing to face elevated volatility, and this is precisely what I have purposely done by going to the woods. From the point of view of a long-volatility option trader, a life of comfort and entertainment minimizes the value of a human life. The volatility I have encountered in my personal life during the pandemic years has been one of the most precious gifts I have received so far, and the payoff has been life-changing. My journey on financial markets started when I was 14. After almost a decade in the investment industry and two years alone in the woods, I now understand that my journey is spiritual in nature. For this reason, comparing my returns to those of other people or indices is self-defeating. My process of self-evaluation is based on my former self, and nothing else. My goal is to grow as a human being, to make mistakes, and to learn from them. Unfortunately, it is difficult for me to learn from the mistakes of others, as I need direct experience to truly internalize a lesson. Writing has always been an important part of my research process, and now, I want to share my research with the world, as my audience was restricted to a select group of individuals in the past. This profile should be seen as the personal notebook of a personal life journey. If I get something right, tell yourself that I got lucky. I do not recommend anything to anyone, and if you read too seriously what I write, you may end up alone in the woods, so be careful.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BF.B either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article should be seen as part of a personal notebook documenting a personal journey. Please consider that I have been consistently wrong in the past. I am not in a position to give advice to anyone.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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