Positive farmers conference.

Dawggone

Anyone here go to this?

Is it just for dairy farmers?

What's the general gist of it?

J.O. Farmer

Dawggone wrote: »

Anyone here go to this?

Is it just for dairy farmers?

What's the general gist of it?

I think it's for positive farmers so probably dairy men who are investing huge sums in new parlours and in expanding at current milk prices.

frazzledhome

It's a privately run for profit group. Operated by the apex of the dairy farming community.

Activities include 3 week trip to NZ every few years where 30 farms will be visited and daily report has to be written up or you risk the rath of the guru M Murphy

You'll be exposed to investment opportunities is the U.S. And NZ

Used to attend conferences but got truely sick of listening to speaker after speaker talk about double sweating, leverage, blue chip shares and overseas property.

At one event a certain gentleman was given the rostrum to peddle his wares. The lemmings queued to part with cash.

That finished me but I hear they've come back to basics of late

djmc

For farmers that don't feel so positive so
Hopefully not a case of send the fool further
Next year has all the signs of another 2009 which was a serious bad year for dairy farmers.
Milk being spread from vacuum tankers in protests all across Europe.

Buford T. Justice XIX

frazzledhome wrote: »

It's a privately run for profit group. Operated by the apex of the dairy farming community.

Activities include 3 week trip to NZ every few years where 30 farms will be visited and daily report has to be written up or you risk the rath of the guru M Murphy

You'll be exposed to investment opportunities is the U.S. And NZ

Used to attend conferences but got truely sick of listening to speaker after speaker talk about double sweating, leverage, blue chip shares and overseas property.

At one event a certain gentleman was given the rostrum to peddle his wares. The lemmings queued to part with cash.

That finished me but I hear they've come back to basics of late

A neighbour of mine got badly burned from 'sweating his assets' just before the crash and he is currently campaigning hard to get Kerry to convert all the remaining shares held to PLC shares. I have heard of a good few sensible farmers losing a big chunk of change to schemes like those.

I stopped going when half the conference was non farming related and they wouldn't put the farming talks on early and leave the rest of us off home early while the rest were making their millions.

Dawggone

frazzledhome wrote: »

It's a privately run for profit group. Operated by the apex of the dairy farming community.

Oh... I was talking to the boss earlier and he just mentioned it in passing.

Greengrass1

Went to it one yr for one day. I was truly bored after 1 and fell asleep and went to the bar after that

frazzledhome

Dawggone wrote: »

Oh... I was talking to the boss earlier and he just mentioned it in passing.

The boss of Positive?

I was seated next to him at a wedding and the only description I know to truly capsulate the experience is Shackleton, Endurance and Tom Crean

Dawggone

frazzledhome wrote: »

The boss of Positive?

I was seated next to him at a wedding and the only description I know to truly capsulate the experience is Shackleton, Endurance and Tom Crean

Lol.



Ah no. We call my father the Boss (he still is).

browned

Wasn't at the conference but the figures shinagh posted were fair impressive

Deepsouthwest

I was at it last yr, and it was ok, but definitely had a bit of an elitist feel to it. Lots of talk about managing teams of staff etc, the keynote speaker was an Australian guy called Colin Glass who was running a dairy enterprise milking 40,000 cows, a little out of my league!

keep going

Buford T. Justice V wrote: »

A neighbour of mine got badly burned from 'sweating his assets' just before the crash and he is currently campaigning hard to get Kerry to convert all the remaining shares held to PLC shares. I have heard of a good few sensible farmers losing a big chunk of change to schemes like those.

I stopped going when half the conference was non farming related and they wouldn't put the farming talks on early and leave the rest of us off home early while the rest were making their millions.

This reminds me of something that crosses my mind from time to time, about 1t5 years ago there was a fella on the ifj who had a 100 acres but only 50 gls of quota so he sold 50 acres and invested the money elsewhere.i think he was in the limerick area and ive often wondered how he got on.i think ive his name too but I dont want to post it on here.pm me but at same time I accept its none of my damn business

keep going

Deepsouthwest wrote: »

I was at it last yr, and it was ok, but definitely had a bit of an elitist feel to it. Lots of talk about managing teams of staff etc, the keynote speaker was an Australian guy called Colin Glass who was running a dairy enterprise milking 40,000 cows, a little out of my league!

Ah you ll get there yet

Carazy

keep going wrote: »

Ah you ll get there yet

keep going

Buford T. Justice XIX

keep going wrote: »

This reminds me of something that crosses my mind from time to time, about 1t5 years ago there was a fella on the ifj who had a 100 acres but only 50 gls of quota so he sold 50 acres and invested the money elsewhere.i think he was in the limerick area and ive often wondered how he got on.i think ive his name too but I dont want to post it on here.pm me but at same time I accept its none of my damn business

There was a similar lad down here, good, simple system who was in the Journal because he was an excellent farmer on a small plot. He was going buying land in the US or Europe and selling the home farm and was featured a few times.

The farm got sold and he was driving a forklift up the country instead of milking cows. The Journal never mentioned the last bit, though.

There are many reasons for things going pearshaped that would have nothing to do with the farmer, just bad luck but I often wondered what happened to him that made him change his direction.

patsy_mccabe

If you want to know all about leveraging, read this book.

Timmaay

patsy_mccabe wrote: »

If you want to know all about leveraging, read this book.

Ha, reminds me of the saying the flame that burns the twice the brightness burns out 1/2 as long!

Except With leverage the flame burns 100times as bright...

Sam Kade

keep going wrote: »

This reminds me of something that crosses my mind from time to time, about 1t5 years ago there was a fella on the ifj who had a 100 acres but only 50 gls of quota so he sold 50 acres and invested the money elsewhere.i think he was in the limerick area and ive often wondered how he got on.i think ive his name too but I dont want to post it on here.pm me but at same time I accept its none of my damn business

That must've been around the time ifj were trumpeting about investing off farm, we all know how that went. One example was the Polska fund, people fell over themselves to invest that only to lose all their investment and the man that started it handed it over to another company to wash his hands if it.

Sam Kade

I remember seeing in the journal around 05 a farmer from Galway that had a dairy enterprise. He invested in a house in Galway to rent out which would be a good investment long term. He also put 100k into the Polska fund and got badly burnt there. He was thinking about investing in the stock market also after a consultation with London school of investment who were based in Dublin. I also signed up to LSI and wasn't long cancelling because they were charging big money for information that could be got free off the internet.

frazzledhome

Sam Kade wrote: »

I remember seeing in the journal around 05 a farmer from Galway that had a dairy enterprise. He invested in a house in Galway to rent out which would be a good investment long term. He also put 100k into the Polska fund and got badly burnt there. He was thinking about investing in the stock market also after a consultation with London school of investment who were based in Dublin. I also signed up to LSI and wasn't long cancelling because they were charging big money for information that could be got free off the internet.

"Stick to the knitting"

patsy_mccabe

My simple rule for investment is, I never invest in something I don't understand. I knew a few guys that invested in the whole dot-com thing a few years back. Some of the stocks they bought had gone up 10 fold. I asked one day, what exactly one of the companies did and he couldn't tell me.:D

Sam Kade

frazzledhome wrote: »

"Stick to the knitting"

Is that what you do?

frazzledhome

Sam Kade wrote: »

Is that what you do?

Absolutely, learned that the hard way

Dawggone

frazzledhome wrote: »

"Stick to the knitting"

Possibly the best advice anyone can get.


I wonder was that the theme of the positive farmers conference?

trixi2011

Just in the airport waiting on a flight home after the positive farms conference was first time at it and found it really interesting with a broad range of topics covered . Was huge amount of uk farmers in atendence

patsy_mccabe

Well at least you left in a positive frame of mind.

merryberry

frazzledhome wrote: »

It's a privately run for profit group. Operated by the apex of the dairy farming community.

Activities include 3 week trip to NZ every few years where 30 farms will be visited and daily report has to be written up or you risk the rath of the guru M Murphy

You'll be exposed to investment opportunities is the U.S. And NZ

Used to attend conferences but got truely sick of listening to speaker after speaker talk about double sweating, leverage, blue chip shares and overseas property.

At one event a certain gentleman was given the rostrum to peddle his wares. The lemmings queued to part with cash.

That finished me but I hear they've come back to basics of late

Positive non-farmers conference...

Sam Kade

Dawggone wrote: »

Possibly the best advice anyone can get.


I wonder was that the theme of the positive farmers conference?

If it were there would be no need for the conference.

alps

frazzledhome wrote: »

Absolutely, learned that the hard way

Just hope that the "knitting" isn't going to driven to the point if being the next bubble....

kowtow

frazzledhome wrote:

"Stick to the knitting"

Dawggone wrote:

Possibly the best advice anyone can get.

+1000 that's a rule to live by.

Along with "there is never, ever a situation or activity which can't be improved by adding a bit of Johnny Cash"

kowtow

As far as the "positive farmers" conference is concerned the best approach may be to wait for the year they cancel it, and then buy land and heifers.

Deepsouthwest

frazzledhome wrote: »

"Stick to the knitting"

Was that William K's sound bite last wk?

Farmer Ed

frazzledhome wrote: »

The boss of Positive?

I was seated next to him at a wedding and the only description I know to truly capsulate the experience is Shackleton, Endurance and Tom Crean

What was his financial advice on marriage?

Like marriage is grand but divorce is at least a hundred grand? And getting a wedding invitation very often can be like getting an on the spot fine.

Just as a matter of interest was the father of the bride anyone we might know?

frazzledhome

Deepsouthwest wrote: »

Was that William K's sound bite last wk?

I missed WK at Grassland had to get back for kids training but it's been my Motto for some time now.

keep going

Deepsouthwest wrote: »

Was that William K's sound bite last wk?

did ya see the ad