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RE: Trading Journal Day 9
It's not about the revenue, it's about how smart people invest it's talents... I'm sure there are many things in life that are worth of our time and sincere dedication... I just don't feel like stock markets are one of those things... But this perception of mine could be because I don't know much about the subject, just that people speculate with the prize of "valuable" things.
If you just see it as speculation on the price of valuable things, then it's not a good use of your time.
I see it as participating in facilitating the allocation of limited resources ... and markets have done more to improve the overall well-being of humans than anything in recorded history.
I know what markets has done for us all in past times, what I don't like is the overall image I get of what their doing today... But yet I think it's because the limited information I got about them... Could you please point some good reading materials to get a better idea of them?
Joseph Schumpeter's 'Capitalism, Socialism, and Democracy'
Thank you, I'll read it and then reach you back with lots of questions 😅