"Because Fox News is allegedly biased in favor of conservatives, critics whine like children whose lunch money got snatched. Conservatives have been pummeled for decades. Now that Fox News and conservative talk radio give people alternatives, critics squeal as if being sodomized."

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Always remembering that we might be wrong, we must contemplate alternatives, concoct hedges, and search vigilantly for validation of our assessments. We always sell when a security's price begins to reflect full value, because we are never sure that our thesis will be precisely correct.

— Seth Klarman