Benjamin Grahm-Shareholders as a class are moron’s

in theory, “the stockholders as a class are king. Acting as a majority they can hire and fire managements and bend them completely to their will”. But, in practice, says Graham, “the shareholders are a complete washout. As a class, they show neither intelligence nor alertness. They vote in sheeplike fashion for whatever the management’s record of accomplishment Continue reading Benjamin Grahm-Shareholders as a class are moron’s

What the smug might say after Tesla proper joins the history dustbin of failures – ($11 million dollars per day Net)

But hey, I made money on it. That is a bit like a criminal avoiding jail after stealing your wallet or purse.  Or it is the kind of thing a bully would do after stealing your lunch pail. This to me sounds like a phyric victory, but it very much fits some of the sociopathic pathologies Continue reading What the smug might say after Tesla proper joins the history dustbin of failures – ($11 million dollars per day Net)