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The Future of America

The Future of America

2012-04-16
Source: The Big Picture


One of the things I have taught myself to do over the years was to think in different time frames. This includes very long geological epochs and astronomical eons.

Maybe it was an interest in dinosaurs and astronomy as a kid, but historical time frames was a concept I was familiar with. Perhaps that was the basis of this week’s time frame discussion of Trading vs Investing. Understanding the very  l o n g  term is an important concept, in terms of getting what the long cycles can look like as well as crowd psychology.

These days, the crowd is suffering from a malaise. They are fearful of losing their jobs, not interested in buying homes, deeply concerned about the future. Following a Great Recession, this is to be expected. So too is the rise of the End of Worlders and the Zombie Bears. These folks are best ignored, as they are money losers who can damage your outlook.

I bring all of this up, because I spent this weekend looking at new start ups. I had lunches and dinners with young entrepreneurs and techies, and their angel funders. (Josh describes all of the start ups here). The ideas, the people, the energy, the competencies are just astounding. It is impossible to be long term negative when you see what is coming down the pipe.

If you want to understand the future of America, if you want to grasp why we are not doomed.....





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