Anxiety is a normal human emotion, until it goes to extremes and leads to the potential of irrational behavior. “The only thing we have to fear is fear itself”. This was President Roosevelt’s (FDR) response to the public’s fears during the Great Depression and reflected FDR’s conviction that the U.S. would emerge as a stronger, … Continued
This is a quotation attributed to Winston Churchill. It may well have some relevance today. Taken at face value, the quotation has considerable merit. But left unsaid, is the importance of information. Investors should be careful to not overreact to scary events and while courage can be a valuable attribute, informed courage is more likely … Continued
Investors should recognize that news is intended to be a money making industry. Instead of simply reporting the news in a straight forward manner, most media reporting has morphed into editorials, with an emphasis on the spectacular, the stirring, and the controversial. The emphasis is no longer on getting the facts right, but rather, a race … Continued
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