Saturday, April 30, 2011

32) GS 10%, GE 10%, Dow 8.5%, Wrigley & Mars 11%, Swiss Re 12% - why the difference?

All done in different times except GS and GE, opportunity costs were
different in all of those, I could have done better in post panic, I
was early relative to 5 months later. They are not related to each
other, they go through everything available that day, past deals we
made dont matter. an error huge people make is to compare the best
deal they ever made (good advice) they are determined they are never
going to a deal like that again, the goal is not to make the best deal
ever but its the best deal at that time

CM - of course we are going to make different deals are different
times there is not other rational way

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