Hunting in Packs - Sam Biglari -- El Pollo Loco (LOCO)

I have had quite a busy year. I've not invested heavily this year because I was concerned about the increase in inflation and the impact to stocks. I think my thesis has generally been correct, but November is trying to upend this trend. What's important about November? Well, this past month aligns with the Federal Reserve signaling they will halt increases in interest rates. This usually bodes well for stocks. So, it may be time to slowly start reinvesting the funds I moved to boring old cash. But some smart money folks in my Mansa Musa Network still are calling for a recession in 2024 or 2025. So, I'll come back to this subject soon but for now I'm TRYING to be a bit cautious with my trades by being less active. The strange thing about investing is that it takes patience. Because I've been busy, I recently learned that a trade that I researched back in August 2023 just filled. How is this possible? Well, I use a strategy that will only execute a stock trade IF my terms are met. I hope this sounds familiar as I often write about navigating through life and trying to ensure that you do things the right way and on your own terms.

Now there is no need to babble any further about what the trade is the trade I found out was recently executed and I only realized it because it was sitting in my inbox "unread".

Hunting in Packs - Sam Biglari -- El Pollo Loco (LOCO)

I got a great hit in my feed about an investor, named Sam Biglari, who is in my Mansa Musa network. I've never hunted for stocks with him, but I've read about the brother as I learned he had a significant impact over Steak 'n Shake. Now Steak 'n Shake is never at the top of my radar and that could have been a reason why Sam made investments into the company years back which was in a dire situation. I heard they turned a profit back in 2021 and much is likely attributed to shrewd moves that led to roughly 90 locations closing. As I wrote this I wondered if Steak 'n Shake was a franchise operator and just learned he is moving to that model as well as turning them into more of a fast-food restaurant to reduce the labor costs of dining in (which is what they were known for).

Sam's name was on my radar back in August when I read he was picking up a large stake in another restaurant chain El Pollo Loco. They say it goes down in the DM, and in stock trading Sam is definitely interested in LOCO. I believe he picked up enough shares in the company that would put his ownership stake at just north of owning 9% of the entire restaurant chain (see what I did their with "stake"). Based on his track record and the fact that he's putting a $33 million dollar investment in, I'd like to nibble here at the stock and trade along. Do I just jump in --- hell no. Like Flo Rida and T-Pain once rapped you gotta go Low Low Low Low, I like to build a margin in by betting on the lower side of where a stock has been trading. I did my research (usually by analyzing the stock's movement in the last year) and set a price I'd like to get in.

Call me crazy, or should I say LOCO, but let's see how our trade does. I like LOCO around the $8 level and for I'll enjoy hunting with Sam.

#HuntinPacks - designates investments I made alongside someone in my network

#MansaMusaMentality

How do I get my Urb on!

Now I am going to go out on a limb and say the whole world is catching up to my personal movement. If you need a constant reminder, add the Urbanomics RSS Feed to you webpage or email inbox. It's a gameplan that slowly being rolled out and I hope you are taking advantage of it as we learn together. Even Yung Joc is jumping on the bandwagon with his new album titled "Hustlenomics". Hmmm...sound familar, Hustlenomics and Urbanomics. Now if that's not some inspirational stuff then I don't know what is. Like I said the movement is deep and there will be different versions of my plan. Joc's Hustlenomics is taking what he is passionate about, the rap game, and hustling his way to the top to achieve financial empowerment (maybe other things but I doubt it). Urbanomics is a different variation and the focus is empowering ourselves to make our lives better. It's somewhat of a hustle that focuses on spiritual, financial, emotional, and physical strength.

After reading my blog posts, its pretty easy to tell which area is my strong suit. Now I am no Jim Cramer, Suze Orman, Warren Buffet, or even Yung Joc but I get my hustle on by keeping up with the world around me, especially the financial markets. And the focus on Urbanomics is not to dumb it down but to make it easy for the average person to follow whats going in a way that we all can understand. A little bit of hip hop, urban flair to the old world of Wall Street.

For example if your favorite musical artist was a stock who would you be buying, holding, or selling based on how well they have been performing. My buys list would be:
Akon, Kanye West, T-Pain, Chris Brown, & Lil Wayne. I would be holding 50 Cent, Jay Z, & Nas. And personally I would be selling Britney Spears, Whitney Houston, Bobby Brown, and the Shop Boyz (Party Like a Rockstar).