Thoughtful Investor
Saturday, May 30, 2026
Transcending the Mundane With Art
Sunday, May 17, 2026
Bitcoin's Electricity Dilemma
By Michael Hooper
I was an early believer in bitcoin. I started buying bitcoin when it was about $1000 per coin. Then I started mining bitcoin in summer 2017 with my son Reid.
Monday, May 4, 2026
The Transcendence of Gary Woodland
By Michael Hooper
Gary Woodland, who grew up in Topeka, recently won again on the PGA Tour after struggling to rebuild his career after brain cancer surgery.
In an emotional interview after he won The Houston Open on March 29, 2026, Woodland acknowledged it’s been a long road back to victory.
The victory was his fifth of his career and earned him a trip to the Masters in April. He played pretty well in the Masters, he made the cut and finished tied for 14th. In his fourth round he shot a stellar six under 66. This round probably meant a lot to him because Woodland sometimes faltered on the weekend, but instead he finished strong.
Wednesday, April 29, 2026
Stocks For 2026 and Beyond
By Michael Hooper
I have been an investor in the stock market since 1993. I’ve owned hundreds of different stocks over the years, but I have paired it down to a core holding of about 22 stocks, mutual funds and ETFs. I rarely sell. And I rarely buy new stocks, but if I want to stay relevant, I have to be open to the possibility of new stocks in my portfolio.
Saturday, April 18, 2026
Saying Good-bye to an Old Friend
Art and Story by Michael Hooper
About 20 years ago, I saw this blind man walking up and down my street. Finally, one day I said hello to him and we became friends, sharing a love of music, The Wizard of Oz, and dogs.
Friday, April 17, 2026
Topeka: Life Is What You Make It
Art and story by Michael Hooper
I was with a group of friends, when we were talking about our favorite places in the world, like Paris, Rome, New Orleans, and Vieques, Puerto Rico. Chris Wright said, "why not Topeka, I like it here."
Monday, April 6, 2026
Ken Daniel Builds Fortune in Roofing Business, His Company sold for $67.2 million in 2021
By Michael Hooper
Ken Daniel, a Topeka businessman who founded Midway Wholesale and The Topeka Independent Business Association, died March 25, 2026, at the age of 80, according to his obituary.
In 1971, Ken Daniel founded Midway Sales and Distributing in Topeka (later called Midway Wholesale) which went on to be his life's work until his retirement in 2019. Midway is a supplier of building and roofing supplies.
Beacon Roofing Supplies bought Midway Wholesale for $67.2 million in November 2021, according to a SEC filing dated May 6, 2022. Beacon said the deal to purchase Midway Wholesale valued the company at $28.7 million in goodwill, and $38.5 million in tangible assets, for a total of $67.2 million, said David Tangeman, Houston accountant.
At the time of the sale, Midway Wholesale had 170 employees and $130 million annual sales in 10 stores in Kansas, Missouri and Nebraska. Founded by Kenneth Daniel in 1970, Midway Wholesale was incorporated in 1974 at 218 SE Branner, Topeka.
Ken was a personable man who excelled at sales and management. He hired the right people and promoted them.
But in the beginning, it was just Ken Daniel in a tiny office at 218 SE Branner. He told me he started in 1970 as a manufacturer's representative in Topeka, a position that grew into forming his own company.
One time, Ken actually took me inside the tiny room, where he got started. It was a dusty old room with gray walls, more of a storage area when I saw it. He said as business got bigger, he took over more and more space inside the old building, eventually acquiring the entire building. Midway Wholesale's Topeka operation is next to the BNSF Railway tracks. To expand operations, Midway Wholesale purchased some land from BNSF.
In 2008, Kenneth Daniel, chairman, retired as chief executive officer at the company's annual stockholders meeting. Bruce H. Myers, president since 1999, was elected chief executive officer and president. John D. Ossello has been vice president since 1999.
Midway Wholesale originally started out as a roof coating business for the elevator industry. The business transitioned into a commercial roofing distributor. And later expanding into construction materials. Now the company sells products for both residential and commercial properties. "Buildings can now have Midway Wholesale materials all the way from their foundations to their rooftops," the company says.
Midway Wholesale's other locations are in Lawrence, Manhattan, Garden City, Overland Park, Salina, Wichita, St. Joseph, Mo., Joplin, Mo., and Grand Island, Neb.
Ken Daniel was a great leader, businessman and mentor. A Celebration of Life will be held at Countryside United Methodist Church in Topeka on Saturday, April 25th at 2:00pm with a reception immediately following.



