Good Profits Simply Are Not

The Smartest Side To Take In A Bidding War Is The Losing Side.

Activity Is The Enemy Of Investment Returns.

You Get What I Call The Natural Progression, The Three Is. The Innovators, The Imitators, And The Idiots.

If You Can Tell Me Who Your Heroes Are, I Can Tell You How You're Going To Turn Out In Life.

Investors Should Be Skeptical Of History-based Models. Constructed By A Nerdy-sounding Priesthood Using Esoteric Terms Such As Beta, Gamma, Sigma And The Like, These Models Tend To Look Impressive. Too Often, Though, Investors Forget To Examine The Assumptions Behind The Models. Beware Of Geeks Bearing Formulas.