THE VALETUDINARIANS ARE ALWAYS WRONG:

Marty Bannon did all the right things, mostly. He raised five children, lived modestly, worked hard and bought as much stock in his employer, AT&T, as he could. When AT&T's stock price plunged in the 2008 economic meltdown, Bannon sold at a loss of more than $100,000, he said.

The stock was then selling for about $29 a share. It's now around $42. A big mistake bailing out, Bannon admits.

But where was Steve Bannon -- his big shot son, a former Goldman Sachs banker and now political adviser to Donald Trump -- when he unloaded his life savings at the bottom of the market? Apparently not calling home and saying, "Dad, don't sell your stock now." Or the younger Bannon could have sent him the popular essay written in October 2008 by investment guru Warren Buffett. It was titled "Buy American. I Am."

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