I'll Spell It Out For You, page-106

I agree,

I own much more than the individual daily volumes traded this week and I certainly am not an institutional nor sophisticated investor.

I’m just a fella who can spot a good deal.

The panic merchants who are crying that the insto’s are selling have NFI IMHO.

The news out of the USA points to the continued access to cheap money at close to zero% interest. Factor in the desire for higher than ideal inflation it means if you are holding cash you will becoming poorer by the day.

Point me to another stock that doesn’t look like or smell like a bubble and I will happily reconsider my investment strategy.

The SUN is rising on BDC and will be setting on all the self massaging individuals whom we all know so well.


Hasaman