The Anna Maria Island Sun Newspaper

Vol. 11 No. 36 - June 8, 2011

BUSINESS

Experience the love of food at The Feast

Anna Maria Island Sun News Story

SUN PHOTO/LOUISE BOLGER
Left to right, Chris and Joseph Dale offer
lunch and dinner with daily specials
at The Feast in Holmes Beach.

It's hard to explain to people who don't have a passion for food what all the fuss is about, but if you're afflicted with that passion, every day becomes a moveable feast.

Since Chris Dale and his brother, Joseph, grew up on Anna Maria Island, they had a bird's eye view of how Island dining has evolved during the past several years. Working in many of the Island's restaurants since high school, they learned to love the energy of the restaurant business while at the same time acquiring the training necessary to move on to their own restaurant. That day occurred in October 2009, when they opened The Feast restaurant in Holmes Beach.

The Feast is open for both lunch and dinner with daily specials available at both. The Dales' pride themselves on the variety of their fresh local fish as well as sea bass, amberjack, sushi grade salmon and tuna. They purchase from local suppliers as much as possible and use mostly organic produce.

In addition to daily specials, some of their lunch choices include a variety of salads, soups and interesting appetizers like fried green tomatoes and cracklin' calamari, as well as a large selection of sandwiches.

You'll find dinner entrees like filet mignon, pork tenderloin, grouper Oscar, lobster ravioli or chicken picatta. Soups, salads, sandwiches and gourmet pizzas also are on the dinner menu, and there is a children's menu available. All price ranges are represented on The Feast's large and varied menu.

The Feast beer and wine menus are also extensive and building. They offer ales and imported and craft beers, $5 a glass house wine and a wine list starting at $18 per bottle. And while you're enjoying your beer or wine, take a look at the artwork on the restaurant walls. On a monthly basis, the Artists' Guild of Anna Maria rotates artwork by local artists, all of which is for sale.

And if getting your flip flops on to go out to eat seems like just too much work, call The Feast. It delivers Friday, Saturday and Sunday evenings, and everything on the menu is available. Chris says it's important to him that people leave his restaurant happy, and with the help of the Dale's long time consistent staff most of their customers do.

The future looks bright and busy for these local brothers. Since they plan on being on the Island for a long time, their objective is to develop the restaurant into a hometown cozy restaurant bar; a Gastropub where high-end quality food and drink are traditionally served.

The motto of The Feast Restaurant is "There is no love sincerer than the love of food" credited to George Bernard Shaw. The Feast Restaurant – food for the food lover in all of us.

The Feast

Island Shopping Center
5406 Marina Dr.
Holmes Beach
941-778-5092

11:30 a.m. to 9 p.m.
7 days a week

Delivery: 4:30 p.m. to 9 p.m. Friday, Saturday and Sunday

All major credit cards accepted

 

Anna Maria Island Sun News Story

Investment advice: A retrospective

Investment Corner

As the owner of a registered investment advisory firm, I spend a lot of time examining decisions made and advice promulgated in the past to see how it worked out, looking for clues to try to improve our methods in the future. No one is perfect, and as I always say, nothing can replace a disciplined rules-based system of portfolio management.

In writing articles for the Sun, I try to share the principles used in real life management of money for clients in a general sense that a reader can consider for their own financial and investment decisions. For that reason, I like to look back to see how we did in offering this basic, general advice over the last year. I must say I'm pleased with the fact there aren't any big mistakes requiring me to develop a taste for "crow." Generally, our middle of the road approach to decision making appears to have been reasonably good, but you can be the final judge.

Following the now infamous "flash crash" in May of 2010, when program trading caused major stock indexes to plummet about 10 percent instantly and then mostly recover the losses within about 20 minutes, I wrote an article advising investors to "expect uncertainty" as it is really the only constant in life and investing. While we didn't really need that advice for a while, when the Japanese earthquake and tsunami occurred earlier this year, the reminder that the future is uncertain was a good one to help to avoid an overreaction and bad decision making.

By June 2010, the nervousness of the flash crash and a market overdue for a pause led to the first decline of over 10 percent for stock prices since the new bull market had begun in March of 2009. Our advice – the correction was normal and investors should use the opportunity to buy for potential gains despite the fact the market could go lower before making higher ground. In hindsight, I hope you took that advice to stay in an appropriate asset allocation despite all the media hype of doom and gloom at the time – you are wealthier today if you did.

In late September 2010, I advised that there were "cracks in the municipal bond market," and that diversification would be very important for investors in these tax-free income vehicles. I got really lucky with that one! I had no idea, nor was I predicting the dramatic decline which would hit the municipal bond market in November and December. Prices dropped about 10 percent or more for many bonds, which is a large drop for these usually conservative securities.

This is a great illustration of the luck which goes along with predictions. I find the subjective prediction process bogus at best. Anyone remembering that article would think I had some sort of ability to predict the future, but to be honest I'm lucky to win my half of 50 – 50 bets when expressing subjective opinions.

That's why I spend so much time writing about concepts and rules for making decisions which remove the need for you to be right more than half the time on what amounts to a guess. Guessing is not the way to manage your hard-earned money, and people who thrive on making predictions tend to have short careers, or run out of money if it is their own.

So far in 2011, I'd say my best advice (viewed with a couple months of hindsight) was to advise that no changes to an investment portfolio needed to be made as a result of the very unfortunate (random, uncertain, unexpected) events in Japan in March of this year.

I'll continue to share thoughts with you on various financial and investment topics with the promise of doing my best to keep subjective opinions out of the process, and using analytical, risk – based decision making in its place.

Good luck and good investing.

Tom Breiter is president of Breiter Capital Management, Inc., an Anna Maria based investment advisor. He can be reached at 778-1900. Some of the investment concepts highlighted in this column may carry the risk of loss of principal, and investors should determine appropriateness for their personal situation before investing. Visit www.breitercapital.com.

 


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