Upton Sinclair said, “It’s difficult to get a man to understand something if his salary depends on him not understanding it.”
I really liked this quote. I think I’ve actually run into this phenomenon in a couple of arenas (of my life) recently. It certainly would explain some things.
A little context:
I’m a clean energy nut and was recently reminded of this quote in this post.
As I’ve mentioned before, every once in awhile, this blog produces a slight profit. It’s nothing I can count on. And it’s not very much, so when it does, instead of blowing it, or using it to pay off debt, I’ve begun to tinker with Sharebuilder and invest in some clean energy ETF’s.
So far I’ve been at it about 6 months, and while I’m not losing any money, I’m certainly not making a killing either. Truth be told, as of today, I’m about 5% up. I’ve been up as much as 10%, and I think I’ve been down about as much as 5%.
Let’s be clear. I’m not playing the market. I’m not buying and selling. I’m buying and holding. I’m in long. As the post I linked to alluded to, either I’m insane or the world’s in denial.
I hope it’s the later.
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