Alex Seagle's The Contrary Investor: If Food Be the Language of Love, Play On, William Shakespeare
My thanks to Alex Seagle of Fraser
Asset Management for his highly original letter,
which also includes apt quotes and witticisms. Given that the festive season
has arrived, here is a sample from the brilliant Borowitz Report:
A new social network is about to alter the playing field of the social media world, and it's called PhoneBook.
According to its creators, who invented the network in their dorm room at Berkeley, PhoneBook is the game-changer that will leave Facebook, Twitter and even the much anticipated Google Buzz in a cloud of dust.
"With PhoneBook, you have a book that has a list of all your friends in the city, plus everyone else who lives there," says Danny Fruber, one of PhoneBook's creators.
"When you want to chat with a friend, you look them up in PhoneBook, and find their unique PhoneBook number," Fruber explains. "Then you enter that number into your phone and it connects you directly to them."
Another breakout utility of PhoneBook allows the user to arrange face-to-face meetings with his or her friends at restaurants, bars, and other "places," as Fruber calls them.
