Glenn Kelman writes:
For all the information schools impart, most are not very successful at raising students’ IQs, but many schools are very good at making their students more disciplined. And self-discipline, it turns out, is the only way to get through life in one piece; it is the trait most consistently correlated with life success.
Read more at What Victorians got right about school, and Silicon Valley has wrong – Quartz.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.
As a parent I wonder what is the best way to equip our young to survive the future. I believe our brains are wired some where on a line with dreamer at one end and ploders at the other. As one of lifes dreamers I can say that school taught me to read and write , but little else that prepared me for adult hood. The young today are faced with shrinking expectations and a world that is full of out sourcing and automation. So pahaps the best we can do for them , is provide support , ecouragement , and a belief in there own ability to cope with a rapidly changing world..