Stirfry flies
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Showing posts with label
earth
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Showing posts with label
earth
.
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Wednesday, November 18, 2009
Walter Schloss at Jim Grant's conference
One of the best investors in many lifetimes. 65 years of investing.
Walter: I had a friend who was a therapist at a mental hospital and he asked me if I would talk to his patients about investments. And I said OK, and he introduced me and so I started to talk about investments. And after a few minutes a big fellow in the front of the audience got up and he said, "Shut up, you idiot and sit down!" I looked at my friend and I said, "What do I do?" He said, "Sit down. That's the most intelligent thing that fellow's said in months."
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