Mimicking the herd invites regression to the mean - Charlie Munger
Brilliant stuff. Back to Kipling's "Gods of the Copy-Book Headings" again. A pity the old boy didn't quite make his century.
Sam - yes it's a pity he didn't make the century. He seemed to think that only certain people can take stock of what they are and do something about it. Others are stuck with what they are.
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Brilliant stuff. Back to Kipling's "Gods of the Copy-Book Headings" again. A pity the old boy didn't quite make his century.
Sam - yes it's a pity he didn't make the century. He seemed to think that only certain people can take stock of what they are and do something about it. Others are stuck with what they are.
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