You Can Lose Leverage, And It's The

A Newspaper That Reduces Its Coverage Of The News Important To Its Community Is Certain To Reduce Its Readership As Well

It's The Deleveraging That's Going On Right Now That Has Caused The Credit Crisis.

If I Got Any Good Ideas Out Of That Or I Think They're Good Ideas, I'll Be Glad To Contribute Them But The System Will Probably Overdo Some Other Things.

My Net Worth Is The Market Value Of Holdings Less The Tax Payable Upon Sale. The Liability Is Just As Real As The Asset Unless The Value Of The Asset Declines (ouch), The Asset Is Given Away (no Comment), Or I Die With It. The Latter Course Of Action Would Appear To At Least Border On A Pyrrhic Victory.

What's Nice About Investing Is You Don't Have To Swing At Every Pitch.