So long as predictions remain popular, and are so numerous as they are today – and so long as they receive notoriety through repetition in the press and on the radio – contrary opinions will increase in importance as thinking aids. “
February 15, 2011
It was extremely difficult, but I had played seven holes without asking my partner the question I was “dying” to know; how many shares of Equity Funding did he own in his mutual fund? He seemed very relaxed ... even cheerful. Yet, I felt his mutual fund had to own a ton of the stock. For me, in not asking, it was like driving by a car crash...