Use Your Eyes
For years, I was fascinated by the Lindbergh kidnapping case, which occurred just a couple of miles from where I grew up in Hopewell, N.J. I read all that I could on the case, visited the crime scene and other relevant locations, and I came to the same conclusion as many others: The crime may not have been committed by the man, a carpenter, who was ultimately found guilty and executed. One of the many questionable aspects of the case was the ladder found at the crime scene. It was said to be poorly constructed, and not the work that you'd expect from a carpenter. Well, a couple of months ago, I finally saw the ladder in person. It was not what I'd expected -- its design was brilliant and it was well constructed. Seeing this crucial piece of evidence for myself erased many of my doubts about this case. That's where I should have started, not ended.
Seeing is sometimes believing, and from an investment perspective, it's wise to get a look at what you are buying -- before you buy it. That's not always possible, but it can help you to either confirm or question an investment thesis you may have on a particular name....468 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
