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Re: Riding a Pullman Car (Iowa Pacific)
Author: ===
Date: 09-25-2022 - 23:33
An Unhappy Investor Wrote:
-------------------------------------------------------
> === Wrote:
> --------------------------------------------------
> -----
> > This guy does a pretty thorough tour on board a
> now defunct Pullman Railway Journey train between
> New York City to Albany. Interesting to see a
> sales rep from IPH in the lounge making a sales
> pitch to, perhaps, investors. This was in 2013.
> Maybe IPH had not dug itself into a hole yet. A
> shame they sabotaged themselves, because this
> looked pretty nice.
>
> [youtu.be]
>
> Here's another good report that was on CBS' Sunday
> Morning. It looks like it was a lot of
> fun---until other people's money ran out. It
> looks like there were some bad business decisions.
> Buying way too much equipment, with most of it
> needing heavy re-building and re-furbishment,
> commensurate to the amount of income-generating
> business they had. They bit off more than they
> could chew. You have to learn how to crawl before
> you can walk and you have to learn to walk before
> you can run.
>
> I notice "EEE" seems to be laying kind of low
> these days.
>
> [youtu.be]
Mr. Ellis can be seen in the clip in the original post too.
IPH made me think of a line from the movie, Princess Bride, where the Sicilian talks about the classic blunders. One is to never get involved in a land war in Asia. Another could be to never try to make money with a passenger train...
Vizzini the Sicilian (actor Wallace Shawn) get outwitted.
[www.youtube.com]
-------------------------------------------------------
> === Wrote:
> --------------------------------------------------
> -----
> > This guy does a pretty thorough tour on board a
> now defunct Pullman Railway Journey train between
> New York City to Albany. Interesting to see a
> sales rep from IPH in the lounge making a sales
> pitch to, perhaps, investors. This was in 2013.
> Maybe IPH had not dug itself into a hole yet. A
> shame they sabotaged themselves, because this
> looked pretty nice.
>
> [youtu.be]
>
> Here's another good report that was on CBS' Sunday
> Morning. It looks like it was a lot of
> fun---until other people's money ran out. It
> looks like there were some bad business decisions.
> Buying way too much equipment, with most of it
> needing heavy re-building and re-furbishment,
> commensurate to the amount of income-generating
> business they had. They bit off more than they
> could chew. You have to learn how to crawl before
> you can walk and you have to learn to walk before
> you can run.
>
> I notice "EEE" seems to be laying kind of low
> these days.
>
> [youtu.be]
Mr. Ellis can be seen in the clip in the original post too.
IPH made me think of a line from the movie, Princess Bride, where the Sicilian talks about the classic blunders. One is to never get involved in a land war in Asia. Another could be to never try to make money with a passenger train...
Vizzini the Sicilian (actor Wallace Shawn) get outwitted.
[www.youtube.com]
| Subject | Written By | Date/Time (PST) |
|---|---|---|
 Riding a Pullman Car (Iowa Pacific)
|
=== | 09-25-2022 - 22:34 |
|
Re: Riding a Pullman Car (Iowa Pacific)
|
An Unhappy Investor | 09-25-2022 - 23:11 |
|
Re: Riding a Pullman Car (Iowa Pacific) |
=== | 09-25-2022 - 23:33 |