A funny but sadly true note: Wall Street may have higher ethical standards than some businesses (smuggling, prostitution, Congressional lobbying, and journalism come to mind) but the investment world nevertheless has enough liars, cheaters, and thieves to keep Satan's check-in clerks frantically busy for decades to come. --Jason Zweig That's in a footnote on page 262 of the 2003 revised edition of Benjamin Graham's classic book The Intelligent Investor . Graham first published the book in 1934 and revised it several times, publishing his final edition in 1973. Graham died in 1976. A new edition was published in 2003, with the original text of Graham's last edition left intact, but surrounded with Talmudic-style treatment by Jason Zweig. Jason's new commentary appears after each chapter and in footnotes. This brings the book up to date and adds some perspective and humor, and notes cases where Graham has been vindicated or (rarely) disproven by history. ...
Erin: We met only once, very briefly. My name is Kiel. Your musings are informative and entertaining. I take book and movie tips from Jon fairly often, I'll check here for more :). You and Jon are great folk whom have beautiful children. Thanks for all you provide this world.
ReplyDeleteYour majesty! Thanks for the nice message. Your ways are vastly superior! Don't question it.
ReplyDeletetake care of that baby!
ReplyDelete