If there is no welfare, everyone will work even for peanuts. It is our instinct to survive.
If everyone minds their own business, there will be no war or wars will be isolated.
If the market is irrational (like today's) and we use rational methods to deal with it, we will fail.
If you want employment, just do the following: 1. End all wars. 2. Cut all welfare and entitlements starting with the cheaters first. 3. Rule the country by a committee like China.
If you learn something from the above original quotes from me, donate one cent to my secret retirement plan and I'll be rich. :)
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This
economy and the market is manipulated by too many government
interventions, so we have to understand and act accordingly. Historical
data does not prepare us to act on exceptions.
The traditional way that still works is: Research on the market first, then the sectors, and lastly the stocks. We have to swim with the tide, not against the tide.
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