8 Ranching tips from an old-timer

Things that come up in the daily operation of a ranch.
Posts: 1636
Joined: Sat Feb 19, 2011 6:18 pm
Location: Montana, East Slope

Re: 8 Ranching tips from an old-timer

Post by littlejoe » Sat Nov 18, 2017 10:33 am

I'm blessed My banker grew up on ranch, his trade became banking in big city, came home to FIL ranch in big open, left there when his Dad died to help Mom--and got bank job in little home town.

their portfolio was way long on T-bills, etc--rated A+---his theory was it was ag money, small town money, ought to be invested at home.

A very hi quality guy, some mentoring, some networking, info/price sharing---much trust and lotsa (mutual, I hope!) respect.

User avatar
Faster horses
Posts: 28500
Joined: Fri Feb 11, 2005 12:21 pm
Location: SE MT
Has thanked: 16 times
Been thanked: 9 times

Re: 8 Ranching tips from an old-timer

Post by Faster horses » Sat Nov 18, 2017 10:40 am

We have banked with the same bank since 1974. They know us and we know them. It's not a big bank, but independently owned. They have been a HUGE help us. Their theory is "we loan money to people we know will pay us back."
That has worked very, very well for them. I would hate to have to find another bank. I know there are other good ones out there, but we have a long history with this one, so we will continue to bank there.
There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.

Post Reply