May
1
The White Shoe Firm is Buying, from Victor Niederhoffer
May 1, 2009 |
"The white shoe firm is buying!" — I thought I heard it when Aubrey and I went to Cones yesterday and no one was there. We were enjoying some banana ice cream (the best in the world despite what my eminent daughter says). Apparently one of the secrets is to use a mixture of 50% green bananas as well as to make it fresh within the last hour. All of the sudden a person looked in, and before we knew it, in about 30 seconds, 22 people came in to order ice cream.
There are five ice cream stores within a half block of Cones. It reminds me of the herdal response when the market gets even on the year. Even is too much a stopping point for most people. This must be quantified and tested in various scenarios, including the banana ice cream season of the spring, as opposed to the butter pecan season of the fall. Aubrey dropped two scoops of beautiful banana as he was trying to look at the machines (he scooped a few scoops out), and it broke the owner's heart and mine to see that beautiful stuff go to waste, the same way it hurts to see a price move in your direction, hit your limit and then hear those tragic words "locals only", or the even more sepulchral "white shoe selling" or worse yet "the algorithm boys located in Chicago taking advantage of their proximity vs. the speed of light were ahead of you". "But… but !".
Oscar D'Aloisio, co-owner of Cones, comments on spring ice cream trends:
I would say that the list of favorites is mostly consistent. The only pattern that changes in volume are the sorbets. During summertime they sell much more. I guess people want more refreshing food during hot weather.
Comments
1 Comment so far
Archives
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- Older Archives
Resources & Links
- The Letters Prize
- Pre-2007 Victor Niederhoffer Posts
- Vic’s NYC Junto
- Reading List
- Programming in 60 Seconds
- The Objectivist Center
- Foundation for Economic Education
- Tigerchess
- Dick Sears' G.T. Index
- Pre-2007 Daily Speculations
- Laurel & Vics' Worldly Investor Articles
The degree of ripeness for fruits is Key. This link pretty good for starters for all fruities http://www.thefruitpages.com/ripefruit.shtml I know my best times were shared over a cup or cone, it was blueberry, his favorite to this day……