This is the first of three scheduled ‘off’ weeks—an intentional pause to restore our $250+ weekly pace after opening a position in MZTI.
This week, eight (a record!) of the portfolio holdings ranked in the Top Ten.
Ticker
Account Value
ADP
3,771.28
BDX
2,942.40
CMCSA
2,710.83
HTO
3,990.27
MZTI
1,231.34
PEP
3,316.37
PPG
3,728.34
SCL
3,593.80
The lowest amount belongs to MZTI. There is neither a position nor sector imbalance and nothing would have precluded investment in MZTI save that it is an ‘off’ week.
Along with the usual $250+ weekly contribution, we have $296.85 in uninvested cash available to deploy.
This week, six of the portfolio holdings ranked in the Top 10.
Ticker
Account Value
ADP
3,830.27
BDX
2,952.60
HTO
4,010.97
PEP
3,463.11
PPG
3,556.74
SCL
3,540.76
The lowest amount belongs to BDX. However, if we were to acquire any shares of BDX it would create a position imbalance whereby only UHT would be eligible for additional investment. Unfortunately, UHT is not ranked in the Top 10. That can only mean one thing.
It is time to add a new position to the Portfolio for the Ages!
This is the last of nine scheduled ‘off’ weeks—an intentional pause to restore our $250+ weekly pace after using significant outside capital to triple our stake in LEG. However, we do have $296.85 in uninvested cash available to deploy.
This week, five of the portfolio holdings ranked in the Top Ten.
Ticker
Account Value
ADP
3,646.16
BDX
2,869.40
HTO
3,811.56
PPG
3,387.12
SCL
3,344.92
The lowest amount belongs to BDX. Yet, there is a position imbalance whereby only UHT is eligible for additional funds. Now ordinarily, this would mean that since UHT is not in the Top Ten we would open a $1,000 position in the highest ranked stock not already in the Portfolio for the Ages, which in this case would be Hormel Foods Corp [HRL].
This is the eighth of nine scheduled ‘off’ weeks—an intentional pause to restore our $250+ weekly pace after using significant outside capital to triple our stake in LEG.
This week, six of the portfolio holdings ranked in the Top Ten.
Ticker
Account Value
ADP
3,620.92
BDX
2,988.60
HTO
3,999.93
PEP
3,556.26
PPG
3,617.13
SCL
3,599.24
The lowest amount belongs to BDX. There is a position imbalance whereby only UHT is eligible for additional funds. Nevertheless, it’s an off week, so stay tuned until next week when perhaps there is enough uninvested income in the account to deploy.
This is the seventh of nine scheduled ‘off’ weeks—an intentional pause to restore our $250+ weekly pace after using significant outside capital to triple our stake in LEG.
This week, six of the portfolio holdings ranked in the Top Ten.
Ticker
Account Value
ADP
3,641.57
BDX
2,986.20
HTO
3,914.37
PEP
3,620.43
PPG
3,547.83
SCL
3,508.12
The lowest amount belongs to BDX. There is a position imbalance whereby only UHT is eligible for additional funds. Nevertheless, it’s an off week, so stay tuned until next week when perhaps there is enough uninvested income in the account to deploy.
This is the sixth of nine scheduled ‘off’ weeks—an intentional pause to restore our $250+ weekly pace after using significant outside capital to triple our stake in LEG.
This week, six of the portfolio holdings ranked in the Top Ten.
Ticker
Account Value
ADP
3,341.01
BDX
3,042.80
HTO
4,120.68
PEP
3,575.12
PPG
3,623.40
SCL
3,540.08
The lowest amount belongs to BDX. Interestingly, last week there was a position imbalance whereby all stocks in the portfolio were eligible for additional investment save LEG. This week there is a position imbalance whereby only UHT would be available for additional funds. But hey, it’s an off week and we’ll see what happens next week.
In October of 1863, Major James Lide Coker is injured and captured by Union forces at the Battle of Chickamauga. After his release, and less than two years later, an undeterred Coker delivers food supplies to Confederate forces stationed in Richmond, Virginia. Upon his return home to Hartsville, South Carolina, he learns General Sherman has destroyed his family farm. When there is nothing else left in your life but land and seed, your path forward seems narrow but clear – and it isn’t tripling down on the Confederate cause. Coker borrows an old mule and a pair of oxen from an uncle and sews 100 acres of farmland with corn seed and cotton seed and the fruits of that labor and land net him a small fortune.
Fast forward 30+ years, through several successful business launches, and Major Coker is struggling to get a paper making business off the ground in his hometown. He and his namesake son have overcome a number of problems, but one sticky one remains – resin-heavy pine trees gum up the machines and make unusable paper. Eventually they perfect the process but find a lack of customers to be financially crippling. Nearly bankrupt, Major Coker makes another great pivot, replacing the cumbersome and expensive wooden cones on which yarn for textiles is threaded, with paper cones.
The entity founded in 1899 and originally known as the Southern Novelty Company would begin paying dividends in 1925 and it hasn’t stopped. And though they would deny it, they just raised their quarterly dividend for the 50th straight year.
This will count as the fifth of nine scheduled ‘off’ weeks—an intentional pause to restore our $250+ weekly pace after using significant outside capital to triple our LEG position. However, we do have $252.00 in uninvested cash available to deploy.
This week, seven of the portfolio holdings ranked in the Top Ten.
Ticker
Account Value
ADP
3,407.99
BDX
3,012.26
HTO
4,005.45
PEP
3,626.41
PPG
3,790.05
QCOM
3,405.00
SCL
3,496.56
There is a position imbalance whereby LEG is no longer eligible for additional investment. No matter, we have no interest in purchasing any more stock of LEG. The lowest amount belongs to BDX which last traded at $158.54. I will acquire 1 share of BDX on Monday morning. Below, is the purchase history and average cost calculation.
Today, Somnigroup International Inc [SGI] and Leggett & Platt Inc [LEG] announced that they have signed a definitive agreement pursuant to which SGI will acquire LEG in an all-stock transaction valued at approximately $2.5 billion based on SGI’s closing share price of $78.06 on April 10, 2026.
However, the price on Friday is of no interest to shareholders of LEG. Under the terms of the agreement, LEG shareholders will receive 0.1455 shares of SGI in exchange for each share of LEG they own.
LEG is up over 12% and SGI over 2% as of the time of this post. But the real question is what does this mean for the largest position in the Portfolio for the Ages?
This is the fourth of nine scheduled ‘off’ weeks—an intentional pause to restore our $250+ weekly pace after using significant outside capital to triple our LEG position.
This week, seven of the portfolio holdings ranked in the Top Ten.
Ticker
Account Value
ADP
3,209.43
BDX
2,930.18
HTO
4,117.23
PEP
3,612.38
PPG
3,640.89
QCOM
3,201.50
SCL
3,565.24
The lowest amount belongs to BDX. There is neither a position nor sector imbalance and nothing would have precluded investment in BDX save that it is an ‘off’ week.
