Pondering Madoff

December 23rd, 2008

David Kotok is the chief investment adviser and writes a market commentary for Cumberland Advisors. I love anything that quotes the Mishnah:

“For this reason, man [i.e. the first human being] was created alone to teach that whoever destroys a single life is as though he had destroyed an entire universe, and whoever saves a single life is as if he had saved an entire universe. Furthermore [the first man was created alone] for the sake of peace among men, so that no one could say to another, ‘My ancestor was greater than yours.’”

Mishnah: Sanhedrin 4:5

Here is the link: David Kotok on Madoff

2 Responses to “Pondering Madoff”

  1. Jason Says:

    Thanks for posting this. I really enjoyed Kotok’s article, but had never heard of cumberland before.

  2. DaveinHackensack Says:

    Cumberland is the name of the county Kotok’s firm is located in; hence the name of the firm.

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