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Corrections Corporation of America Message Board

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  • erskind erskind Jun 9, 1999 1:46 AM Flag

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    Ben Graham told a story 40 years ago that
    illustrates why investment professionals behave as they do:
    An oil prospector, moving to his heavenly reward,
    was met by St. Peter with bad news. "You're qualified
    for residence", said St. Peter, "but, as you can see,
    the compound reserved for oil men is packed. There's
    no way to squeeze you in." After thinking a moment,
    the prospector cupped his hands and yelled, "Oil
    discovered in hell." Immediately the gate to the compound
    opened and all of the oil men marched out to head for
    the nether regions. Impressed, St. Peter invited the
    prospector to move in and make himself comfortable. The
    prospector paused. "No," he said, "I think I will go along
    with the rest of the boys. There might be some truth
    to that rumor after all."

 
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