Email of the day on fishing
Comment of the Day

July 28 2022

Commentary by Eoin Treacy

Email of the day on fishing

Good to see a personal story, and a stunning photograph. How was the fish caught?  How come an amateur could land such a catch? I used to enjoy David's opera reviews and reports of his epic cycle trips from Land's End to John O'Groats.  Livens up all the financial stuff.  We have to watch the market if we have money at stake, but it can get a bit heavy at times.

Eoin Treacy's view

Thank you for your kind email and I am glad you liked the photo. David was an impressive athlete but had chronic arterial blockages. His doctors credited his survival for so long on his long-term commitment to his fitness regime.

For decades it was a reasonable bet the market would be quiet during July and August, so it was safe to take a month off for cycling. That ended in around 2004 as algorithmic trading took off and markets became more active all year. Our service also went from a monthly letter with a couple of short trading updates, to a daily service. 

I grew up fishing with my father and uncles on the Lakes of Killarney. I also paid my way through college by running a tour boat on the lakes during the summers.

Fishing in salt water is quite a bit easier than in freshwater. Salmon don’t eat in fresh water. That means you have to annoy one, so they swipe at your lure. It’s common to get only a few bites in a day on the lakes. Then playing a salmon takes time, effort and no small amount of skill.

In saltwater, salmon have voracious appetites. Many of the salmon we caught in Alaska had five or six small herring in their stomachs. We were using much bigger hooks, so once they are on, it’s not all that difficult to just reel them in. Size is just about luck at that point.

Fishing for halibut is about resisting the urge to jerk the rod at the first bite. They tend to munch their way along the lure so it’s better to wait until they have swallowed it before you start dragging them up; from a depth of around 200 ft. The fun part is you only get to keep halibut under certain limits, the bigger ones are breeders, so you have to let them go.

My biggest brown trout ever was just over 10lbs. I had him stuffed because he was dead on arrival, and thought I was unlikely to see another one of that size. We were fishing for salmon and a boat about a half mile away was playing him and lost him. He floated down the lake with a ball of line in his mouth, so I stuck the net out the side and pulled him in.

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