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An anonymous Goldman Sachs insider shares the hilarious conversations overheard in the GS elevator. Warning: reading this could induce some vicarious shame.

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You stood in line for hours to get your hands on the latest Apple iPhone or iPad? I'm sorry to break it to you, but this money could have been spent better. Much better.

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You have found a good business with a high return on equity, low debt levels, healthy profit margins and a steadily increasing book value? Great, then it is now time to calculate the company's intrinsic value to determine whether the stock price is low enough to invest!

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Sir John Templeton was an amazing investor and a great human being, so let's see what he can teach us.

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Apple inc. (AAPL) has seen its stock price fall more than 25% from its $700 September level. And although there are some reasons for this substantial drop, it seems like this is a typical case of a severe overreaction by our dear friend Mr. Market.

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