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1.
This is a statement which is partially true, stated with conviction, and which may initially seem correct to other people, but the statement is off the mark in some way. It is named after Larry Ray Richardson who is prone to such statements when he talks of things outside of his area of expertise (business).
As Larry said today (10 April 2004) when talking of how a man can metaphorically sell his own brother for profit, "It's like the story of David in the Bible." He meant the story of Joseph.
by Gregory V. Richardson April 10, 2004