There's a true story told, about a young Peter Lynch. You may have heard me talk about it before. The year was 1987, and Peter Lynch was the manager of one of the most successful, and largest mutual funds of all time: The Magellan Fund. Now Peter had been working very hard for years, shepherding the fund as it grew and grew. It was time for a well deserved vacation, and as he was an avid golfer, he choose a vacation in Scotland, the home of sport.

Well just as Peter was teeing off on the third green, a caddy came running across the fairway. Mr. Lynch, Mr. Lynch, you have a satellite phone call from the United States. This was before cell phones, and Peter's Boston office had been trying to reach him all morning. It was the Crash of 87, and markets in the US were in free fall.