Published December 29, 2025
Happy Holidays!
The Letter is off to a fine start and we start here with a housekeeping item:
Rylie has created a hot-link where you can click and then download the entire Letter as a PDF. It runs over 20 pages so that may be helpful for you.
We’ve now got dozens of subscribers and people are reacting very favorably.
We need to get to ‘low hundreds’ of subscribers to get to positive cash flow and so, sustainable effort. Meanwhile, I’m supporting the balance sheet until we get there.
While the Letter is copyrighted material, December’s edition will be available to the public at no cost, feel free to share the link below with friends so they can readily access the Investment Letter. If they like it they can easily subscribe. We consciously kept the price low (as Letters go) to enable subscriptions. Word of mouth and subscriber endorsement is the best marketing, as you know.
We’ve got some positive movement now on some of our ideas and this month, have some new ones to consider.
We greatly appreciate your support and be assured of our every effort to create, for us all…Working Profit.
Tony/Rylie
