Minyan Mailbag - Socionomic Response
Note: Our goal in Minyanville is to remove intimidation from the financial markets and encourage an interactive dialogue among the Minyanship. We share this next discussion with that very intent.
First of all thank you very much for the kind words regarding art. "Trust Me" coming from you means the a big part of the world too me.
On the mail from Kevin D. Me and a buddy were talking over a Starbucks coffee in a busy shopping mall the day before yesterday and I told my buddy that the hype to get the latest and the greatest had to ebb. I told him that I thought this attitude was in the process of a blow off top.
But I questioned my thesis because I am 44 years old and I have more or less been there and done that, and society is dictated by kids 12 to 28 who for them everything is new, not to mention people in India and China listening to Michael Jackson for the first time.
Then I thought back to what my parents and grand parents said about me and my friends, our tastes and desires when we were growing up and said to myself, maybe I am just getting old.
Could it be the paper that Kevin D. is referring to was written by a spiteful old man? I don't know, but it is most definitely an interesting topic. My dad talked often about the cycles in social leadership stating that leadership in society rotated from Warriors, to Religious Priests, to Intellectuals (not necessarily in that order) continuously as time progressed as a means to strike a balance in society.
With this idea in mind looking into society today one might conclude that after the bubble, then the war, maybe it's time to re-examine our priorities. For sure the religious war over ideology in Iraq does force one to ponder what life style is better than the other, more wine, sex, and money or more peace of mind, and tranquility. Judging human nature by its past record I will conclude the former will win over the latter until man ceases to find value in it. Maybe this won't happen until war or natural disaster strikes the earth and all that is left are religious and intellectual values, but until then the young bullish upstarts of America, China, and India should still rule the world.
Keep the spigots open.
There is one caveat that could upset my theory and it is in fact hopeful; the internet is a fastest and greatest teacher in the world, and as more people become educated faster we could see man evolve faster, thus they will be less likely influenced by commercial hype and media. This is in fact something I would indeed bet on because the latest and the greatest are looking more and more ridiculous.
Snaps to Allen Page # 88 who dedicated his life to educating the young when he retired from football.
Again thanks for your time and consideration. Minyanville is a prime example of what the internet can do for people. The site is not just about money and the stock market, it's about creating a better people. The site has been a guiding light for me spiritually and fiscally.
Minyan Paul Kempe
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at firstname.lastname@example.org.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Daily Recap Newsletter