True

 





shareholder wealth is concentrated in very few stocks

If you find a winner , do nothing, sit


“The results also help to explain why active strategies, which tend to be poorly diversified, most often underperform,” says Bessembinderwho found that the largest returns come from very few stocks overall — just 86 stocks have accounted for $16 trillion in wealth creation, half of the stock market total, over the past 90 years. All of the wealth creation can be attributed to the thousand top-performing stocks, while the remaining 96 percent of stocks collectively matched one-month T-bills.


It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

— Edwin Lefevre


Picking multi-baggers isn't hard 

Letting them turn into multi-baggers is













what could ruin my way of life fast?

How to lose less if there is inflation?

no money in Bonds & deposits, cash etc... most in stocks (some stocks can do very well), Gold, houses, bitcoins, commodities etc... 

what could ruin my way of life fast?

besides lack of health if oil price doubles that would ruin my way of life, not my life of course but I would do much less. Mobility is key for my way of life.

I need to make money when there is inflation because all sort of bad things happen when inflation exists, insecurity, robbery, etc...

Is there a reason to think inflation might come back? YES















How can USA be competitive?

 

How can USA be competitive? 


they can't 


USD must fall



Stay the course

 













We have control over almost nothing

We have control over the way we react to what happens to us, yes we can control this. Only this. The rest is out of our hands.


Of all men's miseries the bitterest is this: to know so much and to have control over nothing.

Herodotus





I have too much stuff