Once A Trend Is Established It Tends

I Used To Be Opposed To The Idea Of Social Entrepreneurship. I Said, You Know, Let Business Be Business, And Philanthropy Be Philanthropy. Keep The Two Separate, Don't Mix It Up, And This Is What I Did, And I Did That Rather Successfully, But I Now Recognize That Actually You Do Need To Mix It Up And I Think There Is Room For Social Entrepreneurship.

In Politics, Manipulating Reality Can Take Presidence Over Finding Reality.

Short Term Volatility Is Greatest At Turning Points And Diminishes As A Trend Becomes Established

America Felt Victorious And Generous After World War Ii. They Had Also Learned From The Mistakes After World War I When They Imposed Punishment On Germany. What Became Of Germany? A Nazi Dictatorship Which Threatened The World. Today's Germany Doesn't Feel As Prosperous And Generous As America Then. But Actually, Germany Still Is Very Prosperous.

Increase Your Bets When You Are Confident And Scale Down Your Positions When You Don't Have Conviction.