Mark magarian: Dealership owner retires after 17 years; GM now part owner after 29 years

Dealership owner retires after 17 years; GM now part owner after 29 years

Powersports Listings Mergers & Acquisitions has revealed the latest buy/sell transaction at the dealership level, with the former owner stepping aside after 17 years at the helm.

Mark Magarian, along with the existing Wild West Harley-Davidson general manager Michael Keeton, have acquired the assets of Wild West Harley-Davidson of Lubbock, Texas.

(From left) Tom Macatee, David Clay, Larry Hay, Michael Keeton and Mike Pate in front of the famous Wild West Harley-Davidson chuckwagon.

The Lubbock Harley-Davidson dealership has roots back to the 1950s and has been at its 58th Street address since 1988. Selling owner Larry Hay (a prominent West Texas entrepreneur, investor, and former Mack Truck dealer) acquired the dealership in 2005 and implemented an aggressive expansion, doubling the size of the facility to over 32,000 square feet. He also constructed a massive 1.25-acre, all-concrete Rider Academy lot.

Heather and Mark Magarian

Hay’s decision to retire from the Harley-Davidson dealership operation was not a quick decision, as in fact he has been in communications with the Powersports Listings Mergers & Acquisitions (PLMA) team since 2014.

Wild West Harley-Davidson in Lubbock, Texas, has new ownership.

“Selling my dealership was a tough decision, but the Powersports Listings team brought me a deal that made sense and ensures that my employees will be well taken care of,” Hay said.

PLMA began working with a San Antonio-based entrepreneur Magarian, who possessed a keen interest in acquiring a Harley-Davidson dealership and the match was made for the Lubbock location. Magarian and his wife, Heather, own and operate one of the most successful pre-schools in Austin.

“My core values are honesty and integrity, taking pride, working hard and being the best, which translates to any business and is tantamount to the Harley-Davidson brand,” Mark said.

Mark made the decision early on to partner with the existing general manager Michael Keeton for the acquisition of Wild West Harley-Davidson. Keeton has been with the dealership since 1993 and was the active GM when Hay purchased the dealership back in 2005 and changed the name from Graves H-D to Wild West H-D. Twenty-nine years later, ownership is a reality for Michael Keeton.

Jerry Szopinski, PLMA’s President of Sales & Networking, managed the introductions and initial deal discussions.

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“Larry Hay is a friend first as we have been in conversations for many years and I am overjoyed that the timing worked out to do this win-win deal with Mark Magarian,” Szopinski said.

Powersports Listings Mergers & Acquisitions (PLMA), the professional powersports industry dealership brokerage centrally located in Dallas, Texas, managed the transaction as the Seller’s representative with team members:

Tom Macatee, CEO; David Clay, CIO; Jerry Szopinski, President of Sales & Networking; Mike Pate, Vice President; and Jaye Sanders, Managing Director.

buy/sellLubbockMark MagarianTexasTom MacateeWild West Harley-Davidson 2022-06-03

Mark Magarian: We are Extremely Early in this New Bull Market for Gold

Mark Magarian: We are Extremely Early in this New Bull Market for Gold

Mark recalls seeing the 1987 market crash from his fathers concerned perspective. There were a lot of worried traders at the time, but also some that made off like bandits. This experience showed him that there were always winners and losers in markets and helped shape him into a contrarian investor.

He describes his early career in the late 90’s trading emerging markets primarily eastern Europe and Russia. Most of the companies were resource plays like oil companies that were all trading at huge discounts. This was an exciting time to study businesses with hard assets and real cash flow. Some of the best tools you can use in the industry are history and the understanding of commodity super-cycles.

The current move in gold is still very early, and prices should be much higher based on economics. Most gold companies today are very undervalued.

He discusses the outlook for uranium and copper and how both have supply imbalances. However, both markets require careful timing which can trip investors up. Keep in mind that prices can always worsen and the current economic cycle would dictate that now is a time to remain patient. It’s probably wise to stick with precious metals for the near future.

Writing down your investment thesis and occasionally reviewing your reasons for a trade will help keep you focused. Exuberant feelings toward your trades might well mark the time to take half off the table and find other opportunities. Today is a great time to do your homework by taking a hard look at stock valuations and monetary policies. It may well be in your interest to have an investment in precious metals.

Timestamp References:
0:40 – Beginning of his interest in finance.
4:15 – How markets have changed and lessons.
8:20 – Where are we today in the bull market?
11:50 – Timing for copper and uranium.
15:40 – Psychology and exiting positions.

Talking Points From This Week’s Episode
• We are still very early in the gold bull market.
• Institutions are just beginning to look at the sector.
• Copper has a supply shortage but could always go lower.
• Uranium has potential, but investors should be in PMs for now.
• Most investors today haven’t even looked at the resource space.

Mark Magarian is Vice President-PIM Portfolio Manager at Wells Fargo Advisors. He has over twenty years of experience as a Financial Advisor.

His multi-asset trading background and strategies include momentum, risk arbitrage, and special situations. His career highlights include working for Deutsche Bank in London as a Vice President and being part of the investment team at Gruss & Co.

His specialties include managing a tactical growth portfolio and creating customized solutions. He is Series 7, 66, and FSA(UK) Registered.

Sweet vermouth – Page 5 – Science Of Drink

Today we will be hooligans 🙂 To engage in natural vandalism, not embarrassed by anyone. Let’s make Manhattans with the strange American liqueur Southern Comfort.

In a nutshell, do you know what Southern Comfort is? This is such booze. An old American liqueur that is now produced on a neutral alcohol base and flavored with fruits, spices and whiskey. Yeah, well, you get the idea. “Rowan on cognac” in American style 😉 Drop your pants, make a sharp sharpening, take a bottle of Southern Comfort in your hand, and, as they say, do not threaten South Central. Yo! Kamon! Smoky view euryday 🙂

In the ranks, so to speak, of ordinary Americans, there is no common understanding of the essence of this American “property”. Rumor has it that it’s whiskey. “Is that whiskey? Yes? – Yes, #@$%@, whiskey. Kind of bourbon. There is even Manhattan with him.” 🙂

Well, yes. Why not? Manhattan – what is it? That’s right, it’s an American whiskey cocktail with vermouth and bitters. What is SoCo? …Bourbon?!? Yo! Kamon! Yes of goats! So it’s up to you 😉 There is nothing easier than replacing whiskey in Manhattan with SoCo and getting Comfort Manhattan (a cool name!), well, or Southern Comfort Manhattan, or even better just, bitingly so, SoCo Man. Dude, yo! Wang SoKo Man! Kamon!

Tracing the development of cocktail culture Harry Regan in his The Joy of Mixology mentions that Comfort Manhattan comes from How to Make the 32 Most Popular Drink Comfortable Manhattan turned into Improved Manhattan (Improved Manhattan) in another advertising brochure of the same brand called Happy Hour Mixology Plus a Premier of Happy Hour Astrology (1972). From what point this marketing invention turned into an act of vandalism is unclear. No one is issuing press releases about a recipe change. Not in this world. “Hey guys! We started putting used toilet paper in our sausage instead of GM soy! We invite you to a buffet!”.

Okay, I’m done spitting and moving on to a test drive 🙂 The most common recipe (found, by the way, not in a landfill, but in The Bartender’s Bible by Gary Regan ¹ , although the recipe is in a landfill, in general , the same 🙂 ), prescribes a ratio of 4: 1, and we use it:

Comfort Manhattan (“Comfortable” Manhattan)

60 ml Southern Comfort liqueur
15 ml sweet vermouth
3 dashes of Angostura bitters Stir 90 all ingredients in a mixing glass with plenty of ice. Strain into a cocktail glass and garnish with a maraschino cherry.

Well, I did not add three of my dashes of Angostura to this cocktail. Wrong format. Regan, of course, is a famous lover of outrageously angostured Manhattans, but I think he hardly drank this one. It is hard to imagine that someone can try 1001 cocktails. Look, Eric has been drinking some Book of Cocktails at the Savoy Hotel for almost four years, so there are much fewer recipes in it, not like in this Bible! (well, that’s right, then Book , and this is Bible , do not glue boogers in the cold to the fence).

Yo! Great stuff! To everyone who wants to spit Manhattan on bourbon, I advise this thing. You won’t be spitting about this! This is the charm. Sweet, there are a few herbs in it, some kind of fruit, like “carry a peach” in tea. Charm, not Manhattan;) My wife really liked it. It seems to me that this is generally a cocktail for seduction. What could be more seductive than a peach and a bottle of Martini Bianco? Definitely nothing. To start with, a peach definitely looks like a butt, eh… Okay. Fick with him … In general, I advise all womanizers to take this cocktail into service, SoCo, between us, macho, speaking, heaps unchildishly;)

And we didn’t have music for a long time. Here, one more touch to my boundless soul:

[there should have been a player, but it was expired. Therefore, find somewhere and put on your own composition JaRule – So much Pain]

Yes, baby, there is so much sorrow in this world … 😉

But, I must admit, from the above cocktail, can stick together . Not suitable for serious imbibers. Therefore, serious people write that, they say, the proper vermouth in Manhattan with SoCo is dry vermouth. The recipe for Manhattan De Luxe was found on Сocktail DB, I will take this fact as an indulgence for the entire post:

Manhattan De Luxe

50 ml Southern Comfort
20 ml dry vermouth
1 dash Angostura
Mix all ingredients in a mixing glass with plenty of ice. Strain into a cocktail glass and garnish with a maraschino cherry.

Oh! That’s better. The first is not so cloying, the second – there is a botanical component right there. The sweetness here is at the level of an ordinary Manhattan somewhere. Or not, definitely sweeter. And the nuances are poorer, but easy to drink. This is for advanced such imbibers with their pants down. Make the first for your girl, and the second for yourself, with a contemptuous smirk. Like – baby, we, macho, prefer things harder;) And when you wink, so, as if by chance, correct friend . Kagbe hinting … That they say, that’s it, the pussy got stuck. Like a fly in a drop of Southern Comfort.

But of course, I couldn’t stop at two such simple cocktails. The soul demanded revelation. It turned out that Simon Difford excelled in this topic! He also came up with a cocktail with Southern Comfort and gave it the original name – Southern Manhattan! Not only that, it happened for the wonderful Tales of the Cocktail festival in New Orlen in 2005. Believing in Simon’s mixological talent, I tried this cocktail too 😉

Southern Manhattan (by Simon Difford) (South Manhattan)

40ml Bourbon
20ml Southern Comfort Liqueur
20ml Red Vermouth
3 Dash Bitters Pechot with plenty of ice . Strain into a cocktail glass. Squeeze a drop of essential oil from a strip of orange peel onto the surface of the cocktail. Garnish the cocktail with an orange peel swirl.

Simon prescribes Bourbon Makers Mark and Vermouth Martini Rosso for this cocktail. I left MM, in Martini I somehow habitually replaced it with Cinzano (by the way, it is much better on Cinzano, no doubt, I tested it on myself).

Well, this is Manhattan! Bourbon, sweet. Botanical-citrus-fruity. In the center of the game, however, bourbon, but framed. Such a comfortable frame 😉 And, admittedly, a successful cocktail. There is even a mood to @ # $% tsya, but there’s nothing to it. Is there a soft, sweet rounded entrance? There is. Harmonious spicy base with pronounced notes of herbs and soft notes of fruits? Yes. And a confident spicy finish, with notes of pepper, almonds and oak astringency? There is also. Aftertaste? It is present both for a cocktail and for quite a long time. Spicy. Pleasant. On the other hand, there is something frivolous in this cocktail. Something like lowered pants that reveal a wide elastic band with the inscription “Gucci” 😉 Southern, in general, something very southern 😉 But luxurious. And in style.

In order to drink this cocktail, you definitely need to be R&B, as they say, Rich and Beauty. The first one is unequivocal, MM is 50 bucks, SoCo will gobble up another 30 bucks, we can’t find Pesho at all (I was brought from over the hill), well, vermouth here is the cheapest of all, but the steward of the grishek take it out and put it down. In general, prepare 100 bucks! The second is relative. Beauty, you know, is generally relative. To whom the mare is the bride, as folk wisdom says.