I agree.But ML was an investor as well .I know he

bought triple A tax free bonds at the height of the interest rate peak(1979?)and those made a fortune.I also know he loaded up on stocks back then also but which ones I couldn't say.But I would make the following bet.I have not been in touch since I left Chicago in about 1982.But I spoke to his brother when the S&P was about 650.

I asked what he thought and he said he expected to

see it over 1000 and perhaps double.I think this was in about 1997.I thought he was nuts.

I am telling you this group was blessed.

Almost like the Producers.They bought some race horses for tax purposes.I don't need to tell you what happened.Win,Win!!I know they bought part of a major league baseball team and it made it to the playoffs.

They invested as well as traded.

pffs that year.