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.
Investors have been capitalizing on the fact that central banks have been buying bonds, mortgage-backed securities, and stocks for nearly a decade at a frantic pace, keeping prices artificially high, but now, they are beginning to ask themselves what will occur, as these institutions either liquidate their portfolios or normalize its size.
Since 2007, my wife and I visited Hong Kong, New Zealand, Italy, Turkey, Switzerland, Austria, Germany, England, France, Slovenia, Croatia, Bosnia, Greece, Spain, Norway, Egypt, Jordan, Israel, Canada, Mexico, Argentina, Brazil, Paraguay, the U.S.A: Colorado, Utah, California, Nevada, Arizona, New York, Philadelphia, Hawaii, Texas… you get the point. We travel.
We chose Ischgl, Austria. The site and village is located in the Tirol region. It is a must-see area for ski lovers. The area has incredible heritage and rich tradition of foods and après-ski parties.
This year will end with the entire world population understanding how important it is to use position sizing. I know many people today don’t believe in the power being humble and open – we have become a very “I have learned all there is to know” society.