January 22, 2011
Warren Buffet talks about a “natural progression”: First come the innovators, who see opportunities that others don’t and champion new ideas that create genuine value. Then come the imitators, who copy what the innovators have done. Sometimes they improve on the original idea, often they tarnish it. Last come the idiots, whose avarice undermines the […]
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January 19, 2011
It is incredible how a news outfit can report without informing: Lakhani […] started investing for retirement […] putting his contributions mainly in international stocks and growth-oriented mutual funds. But since the crash of 2008, he’s gone mostly to cash, despite yields close to zero. “After seeing how quickly things can change in the market, I’ve learned […]
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