From my latest letter to investors…

The second annual Islamorada Investment Management investor meeting will be held in the Bougainvillea Ballroom at Cheeca Lodge on Saturday, February 19th, from 3:00 to 5:00 pm.

I’ll review the past year, give an overview of value investing, and then look a little closer at some of the companies we all own. At this point, I’m thinking we’ll discuss GE, compare Google (which we own) to Apple (which we don’t) and then walk through the investment case for Capital Bank, which may be of particular interest to TIB Financial investors.

In other words, we’re gonna geek out.

If you have not already, please RSVP now at 305-522-1333 or [email protected].

We had 42 people at last year’s meeting, and I certainly learned my lesson about the open bar thing. I also suspect the crowd will be a little bigger this year. So, the meeting will be a bit simpler. And by simpler I mean “potluck.” If everyone could just bring a dish of their own…

Kidding. The meeting this year may be relatively food-free, but the new Cheeca is gorgeous and the food onsite is great, so I’d encourage those of you who might be so inclined to grab a bite right there before or after the meeting. I am also still working on one little flourish I hope to pull off at the conclusion of our meeting, but you’ll have to stay tuned for now on that.

In any case, all are welcome. You don’t need to be a current investor to attend, but please RSVP immediately if you’d like to come. And bring a friend if you’d like. Just know that the first row is reserved for my mother and any billionaires who would like to attend.

Also, the night before the annual meeting – on Friday, February 18th – we’ll be having an informal get-together outside at the tiki bar at the fabulous Marker 88 restaurant. So, if you’re coming in from out of town, or if you’re a local investor and just want some amazing apps, please come on by.

Stay tuned to the blog here for more details on the weekend.

And if you have not done so already, please don’t forget to RSVP.

Thank you!