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The Monday Morning Memo

 
IDIOT SIGHTING:
 
 We had to have the garage door repaired. The Sears repairman told us that one of our problems was that we did not have a large enough motor on the opener. I thought for a minute, and said that we had the largest one Sears made at that time, a 1/2 horsepower. He shook his head and said, “Lady, you need a 1/4 horsepower.” I responded that 1/2 was larger than 1/4. He said,  “No, it's not. Four is larger than two.”
   
We haven't used Sears repair since.
 
 

IDIOT SIGHTING:
 
 My daughter and I went through the McDonald's take-out window and I gave the clerk a $5 bill. Our total was $4.25, so I also handed her a quarter. She said, “you gave me too much money.” I said, “Yes I know, but this way you can just give me a dollar bill back.” She sighed and went to get the manager who asked me to repeat my request. I did so, and he handed me back the quarter, and said “We're sorry but they could not do that kind of thing.” The clerk then proceeded to give me back$1 and 75 cents in change.
 
Do not confuse the clerks at McD's.
 
 
IDIOT SIGHTING:
 
 I live in a semi rural area. We recently had a new neighbor call the local township administrative office to request the removal of the DEER CROSSING sign on our road. The reason: “Too many deer are being hit by cars out here! I don't think this is a good place for them to be crossing anymore.”
   
From Kingman, Kansas
 
 
IDIOT SIGHTING IN FOOD SERVICE:
 
 My daughter went to a local Taco Bell and ordered a taco. She asked the person behind the counter for “minimal lettuce.” He said he was sorry, but they only had iceberg lettuce.
 
From Kansas City
 
 
IDIOT SIGHTING:
 
 I was at the airport, checking in at the gate when an airport employee asked “Has anyone put anything in your baggage without your knowledge?” To which I replied, “If it was without my knowledge, how would I know?” He smiled knowingly and nodded, “That's why we ask.”
 
Happened in Birmingham , Ala.
 
 

IDIOT SIGHTING: The stoplight on the corner buzzes when it's safe to cross the street. I was crossing with an intellectually challenged coworker of mine. She asked if I knew what the buzzer was for. I explained that it signals blind people when the light is red. Appalled, she responded, “What on earth are blind people doing driving?!”
 
She is a probation officer in Wichita , KS
 
 

IDIOT SIGHTING:
 
 At a good-bye luncheon for an old and dear coworker. She was leaving the company due to “downsizing.” Our manager commented cheerfully, “This is fun We should do this more often.” Not another word was spoken. We all just looked at each other with that deer-in-the- headlights stare.
 
This was at Texas Instruments.
 

 

IDIOT SIGHTING: I work with an individual who plugged her power strip back into itself and for the sake of her life, couldn't understand why her system would not turn on.
 
A deputy with the Dallas County Sheriffs office, no less.
 
 
 
IDIOT SIGHTING:
 
 When my husband and I arrived at an automobile dealership to pick up our car we were told the keys had been locked in it. We went to the service department and found a mechanic working feverishly to unlock the drivers side door. As I watched from the passenger side, I instinctively tried the door handle and discovered that it was unlocked. “Hey,” I announced to the technician, “its open!” His reply, “I know. I already got that side.”
 
This was at the Ford dealership in Canton , Mississippi
 

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Random Quote:

“I was genetically blessed with a certain wiring that’s very useful in a highly developed market system where there’s lots of chips on the table, and I happen to be good at that game. Ted Williams wrote a book called The Science of Hitting and in it he had a picture of himself at bat and the strike zone broken into, I think, 77 squares. And he said if he waited for the pitch that was really in his sweet spot he would bat .400 and if he had to swing at something on the lower corner he would probably bat .235. And in investing I’m in a ‘no called strike’ business which is the best business you can be in. I can look at a thousand different companies and I don’t have to be right on every one of them, or even fifty of them. So I can pick the ball I want to hit. And the trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot. And if people are yelling, ‘Swing, you bum,’ ignore ’em. There’s a temptation for people to act far too frequently in stocks simply because they’re so liquid. Over the years you develop a lot of filters. But I do know what I call my ‘circle of competence’ so I stay within that circle and I don’t worry about things that are outside that circle. Defining what your game is – where you’re going to have an edge – is enormously important.”

- Warren Buffett, in the 2017 documentary, Becoming Warren Buffett

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