Lee 99

Ship Finance: Record Breaking Transaction Is Impressive in Today's Market

SFL is one of the John Fredrickson companies. They are truly unique in that earnings are distributed as dividends. The mainstay is Frontline, FRO, not the pet pesticde. There are about a dozen others that deal in transportation, food production, deep sea drilling, etc. I've owned them for years and am much better off for it. I believe that Mr F has a business model that should be emulated globally. He, unlike most CEO's, has a stake in his companies. If they do well, so does he and his shareholders. If they do badly he doesnt get paid. He owns roughly 40% of stock in all of them.