I've never met the man, have never read his bio, and usually find his writing well meaning, sometimes meandering, but missing the mark as he usually tries to cover too much in one essay. His verbosity and meandering usually makes me skip his essays, frankly.
I do NOT want to attempt to add to his lengthy PANDORA'S BOX piece by any offering of "my commentary" at this time.
That particular Butler piece is as cogent and cohesive as I've read on the subject of misnomered hedging as I've ever seen.
I may revisit that piece, and do so on this forum, as it suits my fancy. But when something is SO dead-on, AND well-written AND DAMNED PRESCIENT!!!, I don't see that it needs any "elaboration" by me, at least not at this point in time.
Suffice it to say, others would do well to read and re-read it for its many bulls-eye darts within the tight inner circle of deadly accurate analysis.
BTW, how come you never answered my direct question to you regarding the obscure categorizing, accounting-wise, of aggregate sales on the balance sheets of the big outfits you CFO'd for? I would still appreciate an answer.
O/49r |
