“
Do not get bogged down in right or wrong and quantitative evaluation. Look at what pertains to today. How do you define
who is the robber, who is the businessman and who is the tycoon? Consider these examples. In the first case, a robber robs one person for a $1000, so the total of $1000 increases in value in a very crude
way. In the second case, a business man employs 1000 workers and extracts $100 from each worker and makes $100K. In the third case, a business tycoon reaches millions of people
...more
”
― A Maverick Heart: Between Love and Life
― A Maverick Heart: Between Love and Life
“
Stock IPOs hardly make sense for retail investors. Mutual Fund NFOs make no sense for anyone.
”
― FOOPS!
― FOOPS!
