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. “
June 18, 2018
Today it might be hard to grasp, but when I was 21 there were clients who hired me because I was “a kid.” They hoped I would become “a gunslinger.” Even in the 1960s, fear of the market still existed from the crash of 1929. To be called a Gunslinger was an accolade applied only to the best money managers. Of course, I wasn’t one of them...