Incompossible

June 20, 2007 at 7:46 pm | Posted in Uncategorized | Leave a comment

“The great American satirist Ambrose Bierce coined the word ‘incompossible’ to describe two things that are conceivable separately, but cannot exist together. A company can be a giant, or it can deserve a giant P/E ratio, but both together are ‘incompossible’. ”

– Jason Zweig from “The Intelligent Investor”

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