“One of the first things they teach stockbrokers is to stay out of the stock market. Brokers make their pile from selling advice, and from commissions on stock transactions. They can’t predict the market, and few risk their own money. They, at least, only affect their clients’ fortunes. Economists, though, can ruin the lot of us with their advice — yet if no science can predict a relatively closed system like the stock market, how the devil are you going to ‘fine tune’ something a large as the American economy? I’d think it arrogant to try; as arrogant as the man with three illiterate drug-addicted spoiled brats writing a book on parenting.” – Jerry Pournelle, “The Voodoo Sciences”, 1988
- Ad Get LBRY - Click Here!Are you tired of YouTube censorship? Then migrate to the libertarian blockchain-based alternative. Download the LBRY app, today!
- Ad The Good News About Nuclear Destruction.The lethality of all nukes can be reduced by 90% when you know beforehand what to do and not do.
He could write About the mistakes he made, could be good advice not to repeat them.