Archive for September, 2008
Hubris
"The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt." — Bertrand Russell I once met a man in his 60's, a mechanic by trade, who netted $3 million on the sale of his Harley dealership. He dismissed any investment discussion with, "I have an account at [...]
Posted: September 22nd, 2008 under Asset Management.
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No country for any men at all
If politicians raised a healing hand and commanded the winds of Hurricane Ike away from the Galveston shores, we would… well, obviously re-elect them, because now we accept nothing less in every financial storm. George Soros is famous for making a billion dollars by shorting the British pound. What he really did was bet against [...]
Posted: September 19th, 2008 under Asset Management.
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