Progress is cumulative in science and engineering, but cyclical in finance.
In general, markets know more than the people who write about them.
Credit is money of the mind.
The Fed can change how things look, not how things are
Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold.
It's about bums on seats. If nobody wants to listen to what you are doing, it kind of defeats the purpose really, doesn't it?