Waiting on the World to Change


Our worst transgression, to which I am equally guilty by the way, is to assume it doesn’t.
OOH …Here’s One Thing

by Jim Johnsen,
Managing Director, Johnsen, Fretty & Company
Hey Johnsen, any chance you want to go to Damascus for the weekend? Wha?…as in WTF. Well, if you had asked me if I wanted to pop over to Cartagena for a long weekend not that many years ago, I would have had a pretty similar reaction. In fact, my roommate from graduate school, who now runs the department of transportation for the Colombian government, couldn’t convince me to come for decades.
Yet here I am, mailing it in from Cartagena. Turns out, while I was sleeping (or more succinctly eating, breathing, and living outdoor advertising transactions), Colombia underwent a tectonic shift. Quite amazing for a country that had literally been decimated by the drug trade. Okay, Johnsen, so what’s the point? Well, the point is that for anyone who suffers from tunnel vision, the world, our wonderful country, industry, and our little outdoor advertising bubble do change. Our worst transgression, to which I am equally guilty by the way, is to assume it doesn’t.
Stay agile, my friends, and have a good week.
“Now if we had the power
To bring our neighbors home from war
They would’ve never missed a Christmas
No more ribbons on their door
And when you trust your television
What you get is what you got
‘Cause when they own the information, oh
They can bend it all they want” John Mayer
PS – interested how Colombia kicked the habit (or at least took the blood out of it)? Here is one take:
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Securities transacted through StillPoint Capital Member firm FINRA/SiPC

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