Belmont Club

By Richard Fernandez

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Who will Colin Powell endorse for President?

October 18, 2008 - 12:31 am - by Richard Fernandez
fred
2008-10-18 10:36:49

Agreed, NahnCee. While I detest Islam and I think Farakhan’s Nation of Islam is a coterie of dopes, one cannot help but be moved by Ali’s willingness to pay the price for his beliefs, however misguided. He doesn’t try to figure out which way the wind blows and adjust accordingly.

Charles,

An investor does careful research and tries to buy at a price below the intrinsic value of an asset. A gambler/speculator employs the “Greater Fool” theory. That is the difference.