We take a short break from market validation to reflect for a moment on the past week’s news. In particular, we’re thinking about the latest new about Groupon and all that. With the sacrifice of Andrew Mason upon the occasion of his having outlived his usefulness, we come to the point of yet another proof of the old saying: no one has ever lost money underestimating the intelligence of the public. The same clearly can be said of investors, big and small.
We take a short break from market validation to reflect for a moment on the past week’s news. In particular, we’re thinking about the latest new about Groupon and all that. With the sacrifice of Andrew Mason upon the occasion of his having outlived his usefulness, we come to the point of yet another proof of the old saying: no one has ever lost money underestimating the intelligence of the public. The same clearly can be said of investors, big and small.
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