I keep falling back into Macro News instead of focusing on the technology I know. Today is no different.
When a society only has "confidence" as a means to stabilize its financial markets, its an indicator of bad things to come. "Competence" is what we need. Not all investments cause losses. A competent financial Guru should easily be able to give me a guarantee of positive return. Any financial professional who has lost a single client money should be barred from working in the financial services industry ever again.
1 comment:
I'm not sure it'd be wise for a financial professional to guarantee anything, that could put them in a pretty sticky legal situation, especially if the investor invests lots of money in something. And the market is pretty unpredictable. I'm not sure there's is such a thing as a "sure thing".
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