Investment Checklist - csinvesting

“Becoming a Portfolio Manager Who Hits .400” (Buffett) ... Avoid open-ended growth stories, which often have a life of their own (think AOL in 1996-1999) Partners (the top of the org structure) should have intellectual ownership of the idea, not the analysts (the bottom) ... Minsky called it Ponzi finance, meaning you need the greater fool ... ................
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