Life, too, is like that. You live it forward, but understand it backward. It is only when you stop and look to the rear that you see the corpse caught under your wheel.
If someone came to me and said, "Your strategy in your post-presidency is brilliant," as if I had figured out a way to make me look better, to me, that analysis is amusing.
In the early '90s I was floating somewhere between the Brat Pack/Andrew McCarthy/James Spader/Pretty In Pink kind of stuff and the alterna-pop look, crossed with a very distinct grunge sensibility.
The world's problems are, by and large, human problems-the unavoidable consequence of egoic sleepwalking. If we care to look, all the signs are present to suggest that we are not only sleepwalking, but at times borderline insane as well.
It is one thing to describe an interview with a gorgon or a griffin, a creature who does not exist. It is another thing to discover that the rhinoceros does exist and then take pleasure in the fact that he looks as if he didn't.
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.