As our usual meeting day, the first Monday of the month, falls on Labor Day, we will meet via Zoom on Tuesday, September 6th at 10am. As usual, we discuss the macro-outlook, different investment themes and individual stocks that members own or are thinking of owning. Group participation and interaction is encouraged. An initial agenda will be sent out the week before, so members have a chance to suggest stocks or investment themes. For questions or investment ideas you would like us to cover, contact Jim Phillips.
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DMA Golfers are scheduled for our annual golf date at Sterling Farms on 31 August. We will look to have up to 7 foursomes starting at 10:30; play and a cart will be attractively priced at $52 per person. Sign-up must be completed a week in advance, by email to Peter Carnes.
picarnes@gmail.com
We look forward to a good turnout and a great outing.
The Walkway AcrWalk Across the Hudson is billed as “The Longest Elevated Pedestrian Bridge in the World” as it spans the Hudson River between Poughkeepsie NY and Highland NY. It provides magnificent panoramic views of the Hudson, and at 212 feet above the river, this 1.28 mile linear park boasts scenic views north to The Catskills and south to the Hudson Highlands. The Walkway structure dates from 1889 when it was built as a railroad bridge eventually carrying as many as 3000 train cars a day. A fire on May 8, 1974 halted train traffic forever but after 35 years the bridge was reopened as the Walkway on October 3, 2009 as a part of the Hudson Valley Rail Trail Network. For more information on the Walkway see:
Walkway Across the Hudson | World’s Longest Elevated Pedestrian Bridge
TRIP PLAN
We will gather at the DCA for an 8:30 AM departure for Poughkeepsie by car pool. The drive takes about 1.5 hours to the parking lot at 61 Parker Avenue at the east end of the Walkway. The plan is to walk across the bridge to the Highland, NY side and then to proceed along the west bank of the river to the Mid-Hudson Bridge where we will cross back to the Poughkeepsie side of the river. Same river views plus a look back at the Walkway from down river. We will walk back through some of the Poughkeepsie waterfront and historic areas to where we started and have lunch at Lola’s, a very good sandwich shop right under the Walkway. This walk is about 4 miles. For those who want a shorter walk, an option is to return from Highland back over the Walkway, a total walk of 2.5 miles. There are restrooms at either end of the Walkway. We should be back at the DCA by 3:00 PM.
As always, spouses and guests are invited. There will be a sign up sheet at the DMA meetings on October 5 and 12.
Dave McCollum
Bob Plunkett
David Mace
Joe Spain
On Thursday, September 22nd, the Happy Wanderers’ first excursion of the fall season will be to the Red Hook neighborhood of Brooklyn. We will take the Metro-North train that leaves the Darien station at 8:34 am, and the Noroton Heights station at 8:38 am. Upon arrival at Grand Central Terminal, we shall gather at the Information Booth on the Main Floor Level and proceed by subway downtown to the Wall Street station via the Lexington Avenue Line. From there we’ll walk to the other end of Wall Street to board the ferry for Red Hook, Brooklyn.
Our day will be spent walking through this historic waterside district of the City, including a stop for lunch. This area of Brooklyn was once the hub of the commercial shipping industry that shaped the life of the community for generations. Today it is gentrified with many fine dining opportunities and views of the river and New York Harbor. Upon completion of our tour, we will return by ferry and subway to Grand Central, and home on Metro North.
Please bring your MetroCard for the Subway, and, if you don’t have a card, you can buy one from the same machines that sell train tickets on the platforms at the Darien and Noroton stations.
Any questions? — please call David Mace or Joe Spain
The Leon Levy Preserve, formerly the Bell property, was purchased by the Town of Lewisboro in 2005. It is 383 acres of forest and wetland located in the watersheds of both New York City and Stamford. The preserve has an extensive, well marked, trail system, the ruins of the Black mansion (1899-1979) and other outbuildings. The scenery at this time of year is spectacular and the Preserve encompasses an impressive gorge and numerous large rock outcroppings.
The hike of about 3 miles (2 hours) we will take features mostly wide and well-maintained trails which range from easy to moderate levels of difficulty. This hike should appeal to hikers of all levels of experience. As always, we welcome spouses, friends and dogs on a leash.
Optional lunch afterwards at La Vista in South Salem. Please bring cash for the restaurant.
DIRECTIONS:
The actual address of the Preserve is 2-50 Smith Ridge Road (Route 123) but Google 45 Smith Ridge Road in South Salem, NY which is a private house on the right side of the road. Just beyond that address is a sign for the Preserve on the left side indicating a left turn into the parking lot. The location is well up Rt 123 into NY State past Vista but short of Rt 35. There is ample parking.
Contacts:
Dave McCollum
Bob Plunkett