We were alone in his office with a silent phone. The week before, a line of would- be limited partners camped outside his door. If you're paying more than 4.86 cents a minute for interstate calls or 7.47 cents a minute for in-state calls, you're paying too much. Reports like this bring to mind the famous admonition about lies, damned lies and statistics. The stock market is going my way, even though it doesn't appear to be going anywhere at all.
Aimless trading favors folks who buy equities on the monthly installment plan.
Simple arithmetic explains the kindness. Doom and gloom may reign on Wall Street, but a majority of Metroplex stocks show gains for the second quarter and first half of 2001. I resigned myself long ago to a general indifference to the art of money management, wisdom I acquired the hard way by boring many of you to the point of tears. But things are seldom as simple as they seem. This column nominates a second villain - the airport protectionists who enabled entrenched carriers to raise their prices to unsustainable levels.