So much to read and so little time. This is a great link I had never heard of. Thank you.
I am reminded by this that the best producer at one of the Merrill offices is not a successful stock picker but a salesman. His eminent knowledge in all things financial springs from his in depth background as a house painter and a jewelry salesman at the Houston Gold Exchange.
I am also reminded of something I posted here as an example of reality, “In oil companies, production departments sell oil, board rooms sell stock. Oil is the means to the end.”
Our task of course is to somehow make sense of the nonsensical world we are in and somehow make money we have earned work for us. It seems to me that the best investments I have ever made are in me. That is, a business that I can some how manage and exert some control over. That however is becoming harder all the time because we are so much less free all the time.
I think the best plan is to continue working and then just die.