![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_eImHBBVdUMqUXTRriF4O-udFlIEoN3BC8B_mF21pA0-X0tdYz3Vzsm1EKdl3pAhnHSaZZoWpjlRA4BS96_Ca5HHRE4i8TfvfOVbxG6DkS7oSuvK56_U6sV8DObeI9K7r3O9x/s400/dilbert121308.png)
Scott Adams says:
Think of financial theory as a stool. The stool is supported by three legs, or truisms.and
- History always repeats.
- Past performance is no indication of future returns.
- Asshats are trying to steal your money.
People who say it is a good time to invest are called bulls. The bulls are at the center of all financial problems.
In summary, if you want to understand financial markets find a bull and look at his stool.
No comments:
Post a Comment