Heads or Tails? Some thoughs on Investment Advices

Discussion in 'Silver' started by Cinvalo, Jul 23, 2013.

  1. Cinvalo

    Cinvalo Member

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    [​IMG]
    http://www.corruptionofrealmoney.com/education.php

    READ MORE: http://www.corruptionofrealmoney.com/displayfullarticles.php?id=23#.Ue6ZfqwrqSo
    [​IMG]

    "If everyone thinks the same, then there is not much thinking". I find this a valuable advice. People always feel comfortable to listen to and believe in what they feel comfortable with. After that they translate this comfort as their truth. This is especially true if something sounds logical and rational. Beaware.
     
  2. Pirocco

    Pirocco Well-Known Member

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    I like the article because it does the opposite of all others: instead of a focus, it says to look at all variables in the story, to only then draw conclusions. And that's not easy, because only insight and understanding of many different things, allows to recognize a variable as a relevant one, and thus add it to the set that may never be complete, yet still gradually approaching reality more. And critical thinking also doesn't make you popular. Especially amongst those whose succesful 'investment' (ehm) requires others to be wrong and lose.
     

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