Port Authority: You overconfidence is your weakness
Fleckenstein Shutting Down Short Hedge Fund
Costco: "The kid’s sitting in the cart, and she sees a guy carrying a 19" flatscreen, and she goes, ‘Look! He has a tiny one!’ and the guy looks at her, looks at the box–I’m not making this up — and goes and puts it back, and picks up a 23" flatscreen… And so I turn to the guy with two 42’s in his cart who’s helping a woman put a 37 in her cart…"