Report from the Fort: 3/24 News and Notes

Huge believer in Josh Winder.  Just might find himself in the rotation to start the season.  Maybe Josh pitching 4+ innings as they will certainly be concerned with his innings.  Might work great with one of the long guys following him for another 3.  

If you think a 5% increase is good then I'm glad you don't manage my money.

19 minutes ago, SarasotaBill said:

If you think a 5% increase is good then I'm glad you don't manage my money.

I believe there is a difference between a 5% profit and a 5% valuation increase. Gotta play the long game....

"Byron Buxton turned a regular-season triple into a double"

can you elaborate please? ?

I never know what to think about spring training results. you can't count on them to be predictive of how a player is going to do during the year, but at the same time if a guy isn't getting results it makes you very nervous at best.

I hope Ober & Winder are looking strong and healthy. I still want the Twins to sign (or trade for) another pitcher, but both of those guys are going to be important to the Twins this season.

It'll be great if Polanco gets out to a fast start this season; he was pretty rough out the gate last year coming off the injury,

Meanwhile on the back fields, Correa took very competitive batting practice from Alcala.  Was very impressive from both.  What struck me most was how they sat and talked pitches and sequences for over 20 minutes after.  Great day at the fort.

2 hours ago, SarasotaBill said:

If you think a 5% increase is good then I'm glad you don't manage my money.

It wasn't a 5 per cent profit, but rather a 5 per cent increase in value. I don't know what the profit was.

True... ST numbers don't matter that much.  But from what I've seen/watched, both Winder and Ober have looked sharp.  They're hitting their spots, changing speeds, mechanics look clean.  It's a promising start for them.

15 hours ago, tarheeltwinsfan said:

It wasn't a 5 per cent profit, but rather a 5 per cent increase in value. I don't know what the profit was.

I never mentioned a 5 per cent profit. The S&P 500 increased 30% last year. Stocks have averaged over 8% for decades. A 5% franchise annual increase is not good compared to stocks. 

19 hours ago, USNMCPO said:

I believe there is a difference between a 5% profit and a 5% valuation increase. Gotta play the long game....

The appropriate measure would be return on equity which is valuation less debt or approximately 1.1B in equity.  Return on equity without the growth (just profit) on valuation is around 3%.  This makes me wonder if they could really get 1.39B.

17 hours ago, SarasotaBill said:

I never mentioned a 5 per cent profit. The S&P 500 increased 30% last year. Stocks have averaged over 8% for decades. A 5% franchise annual increase is not good compared to stocks. 

Considering the impact of the loss of games from the pandemic and the uncertainty of the valuations (unlike the stock market you do not get a daily assessment of what someone is willing to pay for the business), a 5% increase in the value of the business seems quite healthy. I cannot feel sorry for the investment returns of the owners.