Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
A courage which looks easy & yet is rare; the courage of a teacher repeating day after day the same lessons - the least rewarded of all forms of courage.
In an age where there's so much active misinformation and its packaged very well and it looks the same when you see it on a Facebook page or you turn on your television. Where some overzealousness on the part of, you know, a U.S. official is equated with constant and severe repression elsewhere.
You know, you look at the chaos in the conservative camp right now, it's only too tempting to blame it all on pot. But in fact, the Reagan revolution owes a lot to Reefer. For one thing, it's made the symptoms of senility socially acceptable.
I look at Rafa Benitez in his time at Liverpool, he had difficult periods and the same goes for Brendan Rodgers in the same job now. These difficult periods come and you have to accept that.