“Our indicators tell us, we’re very close to a Lehman-like drawdown,” argues Larry McDonald, a former strategist at Société Générale who now runs The Bear Traps report.
Financial Times, February 20, 2020
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Zig Ziglar once said, “you can get anything in life you want if you just help enough other people get what they want.” It’s the little things in life that are often the big things and keep us all going. Let’s focus on the right direction.
“So on the subway home, a homeless guy was asking for money. Young. Mid-twenties. Physically fit but a little off his rocker. Usually, I am annoyed by that type of thing and was about to shake my head, but at the last second, I gave him a $20. He was so happy, naturally. As he walked away he said to himself, “What a good guy!” And for a moment, I felt kind of good. Of course, that faded quickly, but I realized that it was among the top ten nicest things that someone said to me in a month. I really didn’t know what the lesson was other than it is nice when someone says something nice to you. I didn’t expect it. I guess it was the sincerity, enthusiasm, and certainty in his voice when he said it, as much if not more than what he said. Then he sat down a few seats away all excited and called someone on his cell phone. It was his daughter and he asked her to tell mommy he would be home soon because he got money for dinner much more quickly than he thought. So there is a lesson way beyond my vanity there.”