Lessons From the Man Who Sells to Buffett

There's dumb money, and there's smart money. And then there's Sherman money.

You know all about dumb money, and a little bit about smart money. But, chances are, you have never heard of Sherman money. That's the kind of well-informed money that buys the most-hated stocks at very low prices ahead of the smart money, holds a long time and stealthily feeds them out, usually amid a love fest, at high prices to the dumb money.

Bruce Sherman is that kind of money, that kind of investor. The kind that even Warren Buffett comes to see when he's in a buying mood. The kind that we can be thankful to learn from in this week of gratefulness. ...