I don't mind people trying to pick apart my policies, and that's fine and that's fair game. But, you know, I don't think we're serving our nation well by allowing the discourse to become so uncivil that people use words that they shouldn't be using.
The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
I try to be really balanced. I walk a lot, I wear a Fitbit, and that has really been a game changer for me. I get my steps, I eat whatever I want, I go to France and put on my bread-and-butter suit. Then I'll be balanced, like I'm going to eat my salads for a few days. But I just try to be really balanced with my body. And that has been a good pact for me so far.
The rule of the game was never assume that anybody, however honorable, would be able to stand up under torture. If Mr. X, who knew where I was, was caught for some reason, I should move.
The regime must allow immediate and unrestricted access to every site, every document, and every person identified by inspectors. Iraq can be certain that the old game of cheat-and-retreat tolerated at other times will no longer be tolerated.
The scrum and the tackle are the two really contentious areas of the game. If you get those two aspects right, most rugby matches will work in your favour.