Quote of the Day: Barton Biggs on Mr. Market...

A heartfelt farewell to well-known investing “legend” Barton Biggs. Mr. Biggs spent most of his career at Morgan Stanley, which took out an ad we saw with a quote attributed to Mr.Biggs...

“As investors, we also always have to be aware of our innate and very human tendency to be fighting the last war. We forget that Mr. Market is an ingenious sadist, and that he delights in torturing us in different ways.”