What We Learned from This Morning’s Newspaper

10.

Saturday afternoon Bob Thomason came over very agitated. He had his newspaper under his arm. He showed it to me and said look at this Bill how can it be? The pages were practically falling apart and they were completely blank. You could make out little dirty traces where there once had been words but that was all. The paper looked about a million years old.

I got mine out of the closet. It was in bad shape but not that bad. The print was faint and murky yet I could still make some things out clearly. Natomas 56¼. Levitz Furniture 103½ . Disney 117¼. New numbers all the time.

Meanwhile out in the real world the market has been rallying for a couple of days right on schedule and all my stocks are going up. I may go crazy but it looks at least like I’m not going to take a financial beating.