"A" For Effort

It's always amusing to watch people who were wrong about everything 30 years ago coming out of the woodwork to launch jeremiads against all the other people who ever heeded their advice for being wrong about everything too. I mean, it takes quite a bit of creativity to have spent the better part of 20 years making a bundle of money by acquiring companies in leveraged buyouts and driving a lot of them out of business, and yet somehow be able---after the fact---to excoriate the irresponsibility of leveraged buyouts that drive a lot of companies out of business. I guess you could call it "Not Me-ism" or contrarianism or cranky curmudgeonicity, but whatever you call it, it's generally not informed criticism. Makes for fun reading, though!

---Baron V