The Dumbest Reason In The

Investment Students Need Only Two Well-taught Courses - How To Value A Business And How To Think About Market Prices

We Try To Exert A Ted Williams Kind Of Discipline. In His Book The Science Of Hitting, Ted Explains That He Carved The Strike Zone Into 77 Cells, Each The Size Of A Baseball. Swinging Only At Balls In His "best" Cell, He Knew, Would Allow Him To Bat .400; Reaching For Balls In His "worst" Spot, The Low Outside Corner Of The Strike Zone, Would Reduce Him To .230. In Other Words, Waiting For The Fat Pitch Would Mean A Trip To The Hall Of Fame; Swinging Indiscriminately Would Mean A Ticket To The Minors.

Opportunities Come Infrequently. When It Rains Gold, Put Out The Bucket, Not The Thimble.

Forecasts May Tell You A Great Deal About The Forecaster; They Tell You Nothing About The Future.

I Don't Want To Be On The Other Side Of The Table From The Customer. I Was Never Selling Anything That I Didn't Believe In Myself Or Use Myself.