[buffett]

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Peter Lynch says in his books that "too big to succeed" is a terrible cliche. Magellan was too big to succeed for the last 10 years of Lynch's tenure, yet it performed fine.

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"My biggest disadvantage is size. The bigger the equity fund the harder it gets for it to outperform the competition. Expecting a $9B fund to compete successfully against $800M fund is the same as expecting Larry Bird to star in basketball games with a five pound weight strapped to his waist."

Peter Lynch - "One Up On Wall Street"

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Please don't take this as a thread hijack, but....
this is a picture of what bothers me about discussing the Bible with some people. They claim it says a certain thing without citing a specific passage to back it up.

Also, this is not a personal dig at cdxx, but more of a board-wide "let's not fall victim to this sort of stuff" pep talk.