Catching up on your summer reading? Consider Dickie: Memoirs of a Mad Scientist, by Richard Nedbal.
Cyclical industries are always predictable in that they are up until they are down. Kidding aside, correctly anticipating the swings is the goal of any buyer or seller. And every so often a particular event moves the needle drastically, to the point that even the veterans are caught off guard.
One famous journalist recently described success as “when people see you as what you wish you were.” The man who wrote that never met Ray Boissoneau (as in “boss-in-oh”).