I came across a story about John Maynard Keynes that invoked memories of my early days as a stockbroker. We researched companies hoping to discover valuable information about them before the rest of the world did. The theory went that our research would uncover a little known company that we thought was about to triple it’s business and then we would buy the stock. Months later when the rest of the world discovered our secret they would buy it and stock and the price would soar. At first, I b...
Published on November 29, 2013 07:00