Ann: CBM Pilot Passes Key Milestone, page-186

“The stock market is a device for transferring money from the impatient to the patient.” - Warren Buffett

Also Buffet - paraphrasing Benjamin Graham - "Such opportunities arise occasionally, he says, because in the short run the stock market acts like a “voting machine” (reflecting all kinds of irrational attitudes and expectations), while functioning in the long run more like a “weighing machine” (reflecting a firm’s true value)."

We're either going to be wrong....or we're going to be right in investing in EXR.

It's just a matter of time....and until then, the slow, boring, dull malaise is upon us......until suddenly, we're all shiny.