Tuesday, January 15, 2013

Otis Webb Brawley's maxim for investments



Otis Webb Brawley's How We Do Harm: A Doctor Breaks Ranks About Being Sick in America  gives an account of his Jesuit education and the important lesson of Father Richard Polakowski, a beloved high school teacher at the University of Detroit Jesuit High School.  "Polo," as the students called him, "had a maxim that no student who took his class could miss: 'Say what you know, what you don't know, and what you believe--and label it accordingly.'"
Use your intellect, gentlemen. Start with knowledge, find its boundary. DO not stop! Save room for belief, but examine it fearlessly, for genuine examination knows no limitation. 

Good advice for any investment professional. 

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