For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
There was a time when people accepted magical experiences as natural. There were no priests then, and no one went chasing after the secrets of the occult.
Any discuss about taxes ends up being, are you raising them or lowering them, as the opposed to the question I ask - are we raising them for high income individuals that can afford it, and lowering them for lower income people who really need help. Those old categories don't work, and they're preventing us from solving them problems.
You are too young to know how the world changes everyday,' said Mrs Creakle, 'and how the people in it pass away. But we all have to learn it, David; some of us when we are young, some of us when we are old, some of us at all times in our lives.
The United States often finds itself in a situation where if it goes in militarily then it is criticized for going in militarily, and if it doesn't go in militarily, then people say, why aren't you doing something militarily?