f you don't know Lou Simpson (Trades, Portfolio), you should. He was the former investment manager at GEICO and Warren Buffett (Trades, Portfolio) spoke highly about him many times. Mr. Simpson just reported his third quarter portfolio. He bought into Valeant Pharmaceuticals International Inc
When Warren Buffet's name is invoked to try to shore up a stock-picking argument, the argument has been lost. It is the Godwin's Law of Finance.
Q3 was very good but Q4 results will be critical to answer the critics or prove them right . not long to go until the truth comes out one way or another . meanwhile - long or short?
