My only real fear in life is of racing in circles without knowing it, which is a great motivator for me to always extend what I think is possible. I walk towards challenges because that is where growth is assured to occur.
Each one of us lives an incredibly rich internal existence. We all talk to ourselves from the moment we are born until the moment we pass on. As I walked the streets of Seattle this past week, and every time I spend time in big cities’ downtown area, honestly, I think about how big our world is and how billions of Asians are sleeping when we’re awake, and vice versa.
I don’t like the level of risk tolerance investors have at the moment – it looks to me like the rich have determined that the governments and central banks of the world will not allow stocks to fall dramatically, so they’re using leverage without proper consideration of the risks involved.
Positioning your funds to earn and grow your capital in the ultimate nightmare scenario is how you will survive and remain in the game, while the masses panic, sell (at a loss), and never recover.
As with many things, investing included, the terminology can complicate what is truly simple, or frighten new people from making the most financially rewarding decision of their lives – owning productive businesses over the course of their lifetime.