When Panelists Are Negative, I Buy

I have had regular contact with an experienced shipping investor for a few years now. We compare notes, and it helps me keep things in perspective, especially when the prices and fundamentals diverge. My only frustration is that there is no easy way to share such a friendship with others.

But hey! — I’ll try anyway. Below, I’ve copied and pasted a few excerpts of his recent messages, as a preamble, followed by an interview.