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- #61
You really have no clue as to who I am and how I have reached this way of thinking at 80 years old.Life not so much of a gamble when a person uses common sense.
I can why you think it's such a gamble though from reading your posts.
Let me say that I have lived a FULL life, meaning a huge amount of things happened in my life that are some good or great and some bad and disastrous. In addition, being a stock analyst for 49 years, I have seen countless of times that expected (common sense) things in the market and in the factors affecting the market, failed to happen.
Life is a gamble (heck, you could be in great shape right now and tonight be dead, for hundreds of different reasons).
One thing that life has taught me is that evaluating the possibilities and trying to prevent the bad ones from occurring is key to everything. One needs to understand that humans can make things happen just by thinking and keying them to happen. For example, if you think you will get sick, you probably will and if you think you will remain healthy, that is also what is likely to happen. The mind is a powerful tool.
This also means that when the majority thinks something will happen (especially among the knowledgeable people), it happens much more often than not.
I, as an evaluator of information and the potential benefits and consequences of actions (what I was taught to do by the best, regarding the stock market), sees the all the factors in play, I evaluate the probabilities, and the probabilities favor Trump hurting this country. This thinking of mine is also supported by a larger number of successful people and opposed by very few (at least talking about knowledgeable and accomplished people). Will this actually occur? that is not known or clear right now.............but the actions taken by Trump do not favor him succeeding.
I will almost always go with the probabilities than with the longshots.
