There
has been too much Wall Street bashing from left-leaning politicians.
I
have myself directed some criticism at Wall Street who may have
contributed to actions that helped foment financial panic.
But
I always have made this distinction: It’s both an
investment and also a constant-trading medium. Both are essential.
But trading aspects can go to extremes. When extreme actions occur,
there can be potential danger. It is thus essential that the public
understand how Wall Street operates.
In
that regard, you must always remain disciplined in your use of
investment strategy. ( See the Earl J. Weinreb NewsHole® comments.)
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