Oh, what a tangled web we weave when
first we practice to deceive!
– Walter Scott
The morning consisted of 3-4 speakers outlining their intellectual theories. They rambled on, under the illusion the audience was enthralled with their brilliance.
The afternoon speaker told a story of a father and young son at a graduation ceremony. The boy looked at the program and asked, “What does BS, MS and PhD mean after their names?”
Dad thought for a moment and said,
|“Son, everyone knows what BS is. Well, MS is just more of the same. At the top designation is PhD, meaning piled higher and deeper!”|
Most of us roared with laughter as we stood and applauded, while others nervously shifted around in their seats.
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The investor’s challenge
Unfortunately, many investors must sort through too much BS that is attempting to deceive the public.
This week’s reading stack included eleven articles – like this...