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Finding North Without a Compass

A retired Army officer and retired Fortune 500 executive, Warren may be best known for making waves while serving on the Mequon Common Council and Ozaukee County Board. He's no longer an elected official, but he has plenty to say about local, state and national issues.

 

RANDOM THOUGHTS ON THE PASSING PARADE

Observing some of the events of the past several weeks brought to mind some random thoughts on unconnected issues. So here goes: :: While I share the opinion of Bernie Madoff as a knave, thief and general scam artist, I find it difficult to work up much sympathy for his victims. Most of them were victims of their own greed – accepting annual returns of 12 - 15% through ups and downs, returns unequaled by any other investment; failing to do due diligence by accepting an unknown accounting firm to do annual audits; and failing to accept the basic investment principles of diversification.

 

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