Thursday, 20 August 2009

Uncertainty = Investing

"Investors don't like uncertainty."

But investors have never liked uncertainty - and yet it is the most fundamental and enduring condition of the investing world. It always has been, and it always will be.

At heart, "uncertainty" and "investing" are synonyms.

In the real world, no one has ever been given the ability to see that any particular time is the best time to buy stocks.

Without a saving faith in the future, no one would ever invest at all. To be an investor, you must be a believer in a better tomorrow.

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