Credit Bubble Stocks

Monday, March 12, 2012

"The Philosophy of the Ultra Wealthy"

"[B]eing very successful at business or politics in no way implies they can explain that success. [...] I don't presume that having a redundant and trite Weltanschauung means these people aren't good investors or managers, merely, their ability to pontificate on a general life-strategy is not the core of their alpha."
CP at 6:08 PM

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