Tuesday, February 7, 2012
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Investing Wit and Wisdom

"I'm not adapted for football, I'm not adapted for violin playing. I happen to be in something that pays off huge in this society...if i had been born some time ago I would have been some animal's lunch"
-Warren Buffett

This Day In Financial Speculation History

Events
  2002 – This day in the history of scandalized businessmen: CEO Bernard Ebbers of soon-to-be-bankrupt WorldCom tells analysts, “To question WorldCom’s viability is utter nonsense. I highly recommend everyone step back and focus on reality rather than the fear factor.” Elsewhere today in sworn testimony to a House subcommittee, Enron mastermind Jeffrey K. Skilling confides, “On the day I left, I absolutely and unequivocally thought the company was in good shape.”


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