| Show Record of Good I Management I t The recent stock market experience gave ave conclusive proof to a n statement that has been made for years by our industrial that leaders leaders that the intelli- intelli gent investor w will ll stocks on th the advice buy only onh rou u a not obligate of experts and himself he can fo for mJ moc e th for far pay ir if necessary Such inv tors had loss los Good securities only a paper comin coming back are arc already who had a childiSh faith in I safety t ty or of narrow n mar tips and the safe safe- margin in learned speculation on have nn an nn V expensive lesson that t is fight ht every few fow years st stock Ta 11 ck k the thC meantime well managed ke exchanges e their broker r bers 11 and investment 11 handed hand r ed a bankers have h situation previously of sit sit- in a remarkably y efficient man sit sit-I nero ner The Wall Street Journal shows that there thero have been fewer failures of m members or of the New York Stock 1 durin during the last 10 yens years than of nation national l banks in the same period I |
