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Stocks B / Berkshire Hathaway


Subject:  Re: A Little Munger Color Date:  3/23/2013  3:14 PM
Author:  JeanDavid Number:  200386 of 235662

Is it only me

NO! Not only you.

It was The Buffalo Evening News and the Courier-Express, for example. I used to live there.

In cases like this, I like to remember the words of Peter Henry Emerson, B.A, M.B (Cantab.), an American living in England, a doctor. who was mainly a photographer who wrote a book* that survived three editions. In the third edition, published in 1899 he said, among other things, "It has been well said that the chief use of the multiplication of cheap journals and the increased facilities given to everyone to 'have his say,' has been the increased facility they offer for the discovery of fools -- since in their columns alone fools are allowed to 'have their say."

* Naturalistic Photography for Students of the Art
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