Optimism as a Default Setting

7 Jan    Investing News

“The man who is a bear on the future of the United States will always go broke.”
– J.P. Morgan

We begin with a story from one hundred years ago…
From My Favorite J.P. Morgan Story by Mark Skousen:
In the early days of the Twentieth Century, when J.P. Morgan ruled Wall Street, a visitor came to the City. He was a long-time friend of Morgan, a commodity trader from Chicago. He was what might be c…

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