If you ask an economist what’s driven economic growth, it’s been major advances in things that mattered – the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that.
如果你问一个经济学家,什么驱动着经济增长,他定会提出一些慎重的意见作为答复——农业机械化、大规模生产,诸如此类。但问题是,我们的社会组织不是靠这些事情建立起来的。
The best way of learning about anything is by doing.
When stocks are attractive, you buy them. Sure, they can go lower. I’ve bought stocks at $12 that went to $2, but then they later went to $30.
You may not be able to alter reality, but you can alter your attitude towards it, and this, paradoxically, alters reality.