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May 3, 2006

Non-Peeing Section of Swimming Pool

Quote du jour, this one coming from someone with whom I was talking about two markets that investors typically treat as being discrete, but that are actually highly linked with permeable capital barriers:
"Treating those two markets as discrete is like having a peeing and a non-peeing section in your swimming pool."

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Comments

I was on a Turkish airline once where the left 2 rows of a 2-5-2 config plane were non-smoking! I changed my return airline...