In an investment seminar given by Ron Muhlenkamp, he talked about his view on investment in real estate, federal budget deficit, tax, currency, social security, foreign stocks, and his philosophy in buying and selling, and hedge funds: if Warren Buffet is managing your hedge fund then youll do fine. Most hedge funds are not being managed by Warren Buffeta lot of people are going to lose an awful lot of money. I can teach you the science of buying stocks. Selling them is an art. We buy fundamentally and we sell technically.