Hoarding

Originally Posted by freonjoe

I'm not a fan of hoarding. Sitting on capital hoping the market goes up versus selling and re-investing in the business seems like a no-brainer. I constantly adjust the prices I pay as the market moves to keep the same profit margin.

Thanks Joe. I needed someone to say it in a manner that makes sense to me. Every piece of scrap I bring in is free money and I forget that sometimes.