We All Make Mistakes. If

An Argument Is Made That There Are Just Too Many Question Marks About The Near Future; Wouldn't It Be Better To Wait Until Things Clear Up A Bit? You Know The Prose: "maintain Buying Reserves Until Current Uncertainties Are Resolved," Etc. Before Reaching For That Crutch, Face Up To Two Unpleasant Facts: The Future Is Never Clear And You Pay A Very High Price For A Cheery Consensus. Uncertainty Actually Is The Friend Of The Buyer Of Long-term Values.

Getting Fired Can Produce A Particularly Bountiful Payday For A Ceo. Indeed, He Can 'earn' More In That Single Day, While Cleaning Out His Desk, Than An American Worker Earns In A Lifetime Of Cleaning Toilets. Forget The Old Maxim About Nothing Succeeding Like Success: Today, In The Executive Suite, The All-too-prevalent Rule Is That Nothing Succeeds Like Failure.

I Mean [franklin Delano] Roosevelt Didn't - You Know, When He Came In, He Didn't Print Any Money.

We Believe That According The Name 'investors' To Institutions That Trade Actively Is Like Calling Someone Who Repeatedly Engages In One-night Stands A 'romantic.'

A Lot Of People Disagree With Me On This, I Believe In Mark To Market.