When The Brothel Burns Down, Even The

We Still Find Very Few [stocks] That Even Mildly Interest Us. That Dismal Fact Is Testimony To The Insanity Of Valuations Reached During The Great Bubble. Unfortunately, The Hangover May Prove To Be Proportional To The Binge.

I Have Never Been Able To Understand Why The Tax Comes As Such A Body Blow To Many People Since The Rate On Long-term Capital Gain Is Lower Than On Most Likes Of Endeavor (tax Policy Indicated Digging Ditches Is Regarded As Socially Less Desirable Than Shuffling Stock Certificates).

The Best Investment You Can Make Is In Yourself.

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

Focus On Return On Equity, Not Earnings Per Share.