The Four-Letter-Word of Finance

06.05.2016 • Investing

From the London Investment Alert (GBR) – Austrian economists like Ludwig von Mises showed decades ago that central powers cannot control entire economies… They are too complex, vast, and reactive to distortions, making them nearly impossible to manipulate. Most modern portfolio managers are similar to central planners. They believe they can properly understand the whole system when it comes to investing… including the risk of loss. The trouble is: you can’t.

-Learn More at MoneyWeek.com (English)- 

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