June 2011

Frank Boland
June 20, 2011

It was a warm summer day in downtown Boston in the 1960s.  I had the top down on my burgundy 1966 Lincoln Continental convertible and sat in traffic listening to closing stock prices.  The car, complete  with black leather seats and suicide doors, was similar to the one in which Jack Kennedy had been shot  three years earlier.  As the stock...

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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