by 68Camaro » Thu Apr 26, 2012 9:29 am
This may surprise some readers here but, while I think most of Jon's statements require context that is often lacking, within the context of active trading, I actually agree with Jon - more often than not.
There is a larger context where I think many of those statements cease to apply. Jon and I might diverge (or not) at that point. There is a context outside of active trading where the the direction of the future is critical and speculation and planning for it is demanded by the prudent.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.