Monday, July 14, 2008

Ben Stein on Love: Junk is Junk.

Love and economics by Ben Stein: click here. Two points I particularly liked:

1) In advocating a long-term investment strategy, he said, "To coin a phrase: Fall in love in haste, repent at leisure."

2) Just as high-quality bonds yield higher return than junk, "once you find that you are in a junk relationship, sell immediately. Junk situations can look appealing and seductive, but junk is junk."

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