We are the beggars of the world, financing our lavish lifestyle by selling our family heirlooms and by enslaving our progeny with the need to service the debt.
I have always been very diversified, so I have never suffered a catastrophic loss. I spread my money around the way a large institutional investor does. I use different brokerage firms. I manage some of my accounts myself.
If you want to fight the evil you see in finance and industry, get to work reading the corporate filings, see if there has been fraud, and where you find it, report it to the SEC or write about it or blog about it.
I did some reading to prep for Expelled. I read one book cover to cover, From Darwin to Hitler , and that was a very interesting book – one of these rare books I wish had been even longer.
The American system is the most successful in the world because it harmonizes best with the aims and longings of human personality while allowing the best protection to other personalities.
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