http://www.rollingstone.com/politics/story/28816321/inside_the_great_american_bubble_machine
Absolutely great read, i cant emphasise strongly enough reading this article.
Regardless of whether you are a conspiracy theorist or not (which im not), to me its mandatory reading for any serious investor.
Why?
If for nothing more than to realise that as a 'retail' investor you are the last to really know the underlying currents in any investment trend.
The faster retail investors come to grasp with this fact, the faster people will realise that they can never play in the 'big' boys areana and so they shouldnt try.
Instead a retail investor should use the major weapon they have which the big boys dont: TIME
The big boys have huge pressure to show near term out performance, a retail investor doesnt. Use this to your advantage.
Absolutely great read, i cant emphasise strongly enough reading this article.
Regardless of whether you are a conspiracy theorist or not (which im not), to me its mandatory reading for any serious investor.
Why?
If for nothing more than to realise that as a 'retail' investor you are the last to really know the underlying currents in any investment trend.
The faster retail investors come to grasp with this fact, the faster people will realise that they can never play in the 'big' boys areana and so they shouldnt try.
Instead a retail investor should use the major weapon they have which the big boys dont: TIME
The big boys have huge pressure to show near term out performance, a retail investor doesnt. Use this to your advantage.