“The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy.”
Tip: press → for another quote, C to copy, S to share.
So much research has been done showing that the woman is the most vulnerable but also the biggest strength leading to economic progress.
I wasn't a financial pro, and I paid the price.
I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.
Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.
