FRIDAY MARCH 6 THOUGHTS

 Head over to DOM's blog and read about yet another Miami legal legend -Frank Rubino- passing   away. When we talk about the Miami defense bar being fearless and the most trial active in the nation, Frank was one of the reasons why. He led the way for many of us and he will be greatly missed. Frank was lead counsel in the government's case against Noriega. We know the new generation of DeSantis Drones and Starbucks swilling ASAs under 30 are saying "who's that?"  And that's ok, but if you plan on making Miami law a career, at some point you should become familiar with the major cases of the past decades that helped shaped this town. Norigea; Lozano; Overtown Riots; The Great Corruptor; Joyce Cohen; Country Walk.  Read up and learn. 

Financials: The VIX. known as a the fear index, is the highest it has been in two years over 27. For context, it was in the mid-teens before the war started. And stocks opened down sharply for reasons other than financial. So for example, when Costco reported yesterday after the bell and had a dynamite quarter with beats across the board, and opens down 20 points, we are a buyer. In other words, when non-financial matters affect the market negatively, we buy quality companies. It's not as a successful investment strategy like betting on home-dogs in the NFL, but it's up there.  Our strategy today is to let the fear based sellers clear out. Around 2PM we will start buying bargains. 

Felony Murder. We can, should, and someday before we leave- will, write extensively on the felony murder rule- perhaps the worst part of criminal law that is responsible for the most injustices in the system. For now, the NY Times covers Alabama's scheduled execution of Sonny Burton- an elderly 75 year old inmate who didn't kill anyone. The murderer who pulled the trigger when Burton was long gone got life in prison. So naturally Alabama wants to put a mask on Burton and give him nitrogen until he suffocates. They won't need to strap this old man who uses a wheelchair to get around to the table. He's pretty helpless and immobile.

Go BAMA! Show the world that North Korea and China and Russia aren't the only places where they execute people who do not deserve it and without due process.