constructive and progressive thoughts

Flight plan September 7, 2012

There are important things to learn here. This is not meant to be a general advocacy for one school of thought, neither inflation nor deflation camp so to say. Rather, the valuable insight goes: Decide for one side; have a logically structured, argumentative story with solid reasoning, so convincing that you not only live and breath it, but be it; understand and internalize it, develop a strategy based on it, and execute accordingly. If you receive negative signals (as Frank did when some of his stocks lost 50% of their value), double check if your theory is still consistent with reality. If yes, sit tight, have patience, and continue (as Frank did when he bought even more). If not, well, change your world view, learn from mistakes, and continue. With a story, a strategy, and execution.