Quote of the Day: A Painful Malady

From William Strauss and Neil Howell’s insightful and provocative book: The Fourth Turning: What the Cycles of History Tell Us About America’s Next Rendezvous with Destiny:

“To linearists, the future can often be reduced to a straight-line extrapolation of the recent past. Because they don’t see any bends or reversals in what has already happened, they can’t see any in what will happen.”

Linearism, sadly, is a condition that tends to afflict the inexperienced and the amnesiac investor alike. For the latter it’s typically less about amnesia and more about the belief that — despite their past experience(s) — market bends and reversals can be circumvented by massive government intervention. 

In either event, history strongly suggests that it can be a most painful malady for the afflicted investor to endure…


Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat