Posts Tagged ‘result’

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” -Unknown

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“Here’s a chart based on research from the Economic Policy Institute that describes the problem. As you can see, productivity in this country grew nearly 250% between 1948 and 2014, but median wages only grew 109%…You’ll also notice that the divergence begins around 1971… the year President Nixon removed the U.S. dollar from gold.

Why? Because paper money doesn’t transmit gains in productivity like real, sound money should.

In short, when the dollar was unlinked from gold, the government was granted the ability to create unlimited amounts of new money. But this money doesn’t flow to everyone equally. It is created in the banks, and then works its way through the financial system before eventually trickling down through the real economy. The result is that asset and consumer prices have risen far faster than wages.” -Justin Brill

“Quality is never an accident.  It is always the result of intelligent effort.” -John Ruskin

“Quality is never an accident.  It is always the result of intelligent effort.” -John Ruskin

“Everything done in history is the result of an action being DONE.  Not a thought.  Not a word.  Only actions are recorded by the scribes of humanity.” -James Altucher

Deep Thoughts

Posted: December 12, 2016 in Thought for the Day
Tags: , , , , , ,

Thinking is really of no great benefit unless specific life actions or changes are the result.

“Research firm Dalbar publishes an annual study on investor behavior called the Quantitative Analysis of Investor Behavior (“QAIB”).  Every year since 1994, the QAIB has compared stock market returns over the previous decades with returns earned by real investors.  The result is always the same: The market beats the investor.

For the 30 years ended December 31, 2015, the S&P 500 returned 10.4% per year, on average.  Equity mutual fund investors earned an average return of just 3.7% per year.

To make plenty of money in stocks, you must behave better than the vast herd of investors.  A single behavior – refusing to sell at market bottoms – would have multiplied profits nearly tenfold.” -Dan Ferris