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DewDiligence

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DewDiligence

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Re: zipjet post# 54832

Thursday, 11/15/2007 7:34:40 PM

Thursday, November 15, 2007 7:34:40 PM

Post# of 257300
[OT] WM addendum:

WM is one of the best cases I’ve ever seen of management incompetence. With the business they had, all management had to do was not get cute and they could’ve been a cash-generation machine for the next millennium or so.

Now, amid the debacles elsewhere in the financial sector, WM management can tell analysts and shareholders that they didn’t do anything stupid and many will actually believe them.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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