During my eighty-seven years, I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.”
September 15, 2010
In this edition of Frank Thoughts, Frank reflects back to the mid-1960s and the key lessons on investing he learned from former Fidelity Magellan fund manager Pete Lawson.
ROBERT F. “PETE” LAWSON
KLM 21 … KLM 1/8 … KLM ¼ … KLM 1/2 kept flashing overhead on the electronic tape. Seemingly KLM Royal Dutch Airlines...