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rich ruscio

04/17/09 10:55 AM

#144788 RE: ajtj99 #144786

A very long time ago, my good friends at McKinsey and Co. taught me two (well, more, but here ...) very valuable things.

First, the quote: "Yeah, but if we're so smart, why do the guys at Goldman have all the money?"

Second, the lesson: If the future you anticipate requires someone to run a 2 minute mile, you better get a different opinion about the future.

I'm looking to find my 2 minute mile assumptions. And, I want to acquire a trading setup, after I blow this chicken coop, that does the work for me. Or at least makes it easy.

Must say, I'm very pleased that I could explain myself well enough to almost make your head explode. Ah, the power of math ...

rr
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JohnVP

04/17/09 1:16 PM

#144826 RE: ajtj99 #144786

AJ, me think the market has your number 875 locked and it's ready to do just that ... :)