It couldn’t be better…Dow, C, BAC….ETC

Posted on Apr 15, 2010 by in Letters, Uncategorized

There is a famous story about J.P. Morgan (man, not bank) who went down to Pittsburgh to look at  his steel investments.  After touring the mills he asked the General Manager to sum up the situation.  Said GM, Couldn't be better.  J.P. went back to his hotel and wrote a telegram to his broker in NY. "Sell all my steel."

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