April 2011

Frank Boland
April 19, 2011

“No!  I can’t talk to you now.  Call me another time,” bellowed the man on the other end of my phone.   Despite the abruptness, the voice had sounded cultured … even upper class.  But then why wouldn’t it?  As a young broker, I had cold-called the Chief of Psychiatric Services of Harvard University.      It was 1966 and my firm,...

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Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.

– Bernard Baruch