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Hindsight Is Not A Strategy.
-Jane Bryant Quinn
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Hindsight Is Not A Strategy.
Jane Bryant Quinn
Hindsight Is Not A Strategy.
Views: 22
Topic
Planning
Strategy
Hindsight
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It Seems Like Only Yesterday That Savers Were Dorks. They Kept Piggy Banks. They Drove Last Year's Cars. They Fished In Their Change Purses For Nickels While The Superstars Flashed Credit Cards. Today, Values Have Changed. The New Object Of Veneration Is Not Money On The Hoof But Money In The Bank - And The Dorks All Have It.
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The Shortest Period Of Time Lies Between The Minute You Put Some Money Away For A Rainy Day And The Unexpected Arrival Of Rain.
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Everyone Said, 'you Can't Lose Money In Real Estate, Because They're Not Making Any More Of It.' Hmmmm. Where Did Everyone Go Wrong?
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Quinn's First Law Of Investing Is Never To Buy Anything Whose Price You Can't Follow In The Newspapers. An Investment Without A Public Marketplace Attracts The Fabulists The Way Picnics Attract Ants. Stock Brokers And Financial Planners Can Tell You Anything They Want, Because No One Really Knows What's True. The First Corollary To Quinn's First Law States That, Even When The Price Is In The Newspapers, You Shouldn't Buy Anything Too Complex To Explain To The Average 12-year-old.
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