The gain survives, but the tip’s rationale does not
Present a plausible explanation or expectation, show the observation or evidence gap it cannot account for, and return to the same question with a revised account that changes the later interpretation or application.
Anyone Can Make a Million
Morton Shulman · 30 weeksThe gain survives, but the tip’s rationale does not
SHORT SOURCE EXCERPT“the wrong company”
A friend supplies what he presents as reliable advance information, and Shulman reports buying International Copper, watching an initial fall and selling after a rise. Only after that sale does the friend call to say he gave the wrong company name. Shulman treats the profit as accidental rather than evidence that the original tip was sound.
The narrative postpones the disconfirming fact until the apparent win is established. That ordering changes the interpretation of the same transaction: a favorable result remains, but its advertised explanation no longer accounts for it.
The source in context.
An expressly fictional naming scheme supports a detailed account of promotion, followed by Shulman’s own hot-tip story. The chapter distinguishes promotional excitement from the conditions the author says justify a speculative purchase.
Open this chapterWhat this example supports
The narrative postpones the disconfirming fact until the apparent win is established. That ordering changes the interpretation of the same transaction: a favorable result remains, but its advertised explanation no longer accounts for it.
Its limit
The story and dialogue are Shulman’s account, and the slips are not independently inspectable here. The wrong-company admission undercuts this tip’s stated rationale; it does not establish that all gains from tips are accidental or measure the risks of following them.
Source & edition
Morton Shulman, Anyone Can Make a Million, supplied 1966 McGraw-Hill book-club transcription; inclusive LF anchors.
Supplied text, lines 1247–1360. The short quotation is checked against the source.
Passed live development-family and source-scope gates before access. Read the complete whole-source AI synthesis and all five ordered segment summaries, maps, observations, rejected candidates, qualifications and gaps. Compared all 21 main chapters with the contents, inspected their openings and endings, and checked foreword, preface, conclusion and the absent plate bodies. Read the full hot-tip narrative, the original stop-loss argument and its later commodity-market reversal. This is a source-checked editorial pass, not a second full reading, independent review, financial audit or verification of historical transactions.
Supplied book-club transcription, McGraw-Hill copyright 1966; reproduced documents and plates are not available as inspectable images.