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Alias Born | 07/25/2016 |
Sunday, December 04, 2016 6:50:31 AM
Never trust the words of a man who speaks them either to manipulate or says, or ignores, them out of ignorance or haughty self-righteousness. That briefcase was missing the papers on mortgages.
At this point, Lugee is like anything you care about - trust, but verify as much as you can. Now it's at a point where Lugee - so far - is being pretty open and doing what he says he'd do. I'm especially liking that he's doing it with CASH. Debt can bury a build-out. I understand the dilution issue and it's a valid point, but with debt, someone owns you. No one, but maybe customers, appears to own Lugee and even then, I'm sure he will create a customer need. The cart needed to be flipped and Steipp knew it too, even though he knew he'd likely be out.
www.wsj.com/articles/sebastian-mallabys-biography-shows-that-alan-greenspan-foresaw-the-housing-crisis-why-didnt-he-act-1475877299
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