This really sounds right to me. And it's one reason that I tend to favor Bernie Sanders over Hilary Clinton. He gets it. I'm not sure she does.
The problem, of course, is being able to follow this philosophy in my own investing. I have been unable to find an investment advisor who agrees with this approach. And I don't have either the time or the skill to do it entirely on my own.
"The important thing to remember, though, is which audience we should have in mind when we choose our words and actions. It’s tempting to narrow your focus and just see the person who’s goading you. But the real audience to our response isn’t al-Baghdadi or the jihadis who have already joined his cause, it’s all the world’s Muslims — especially the teen-agers who are trying to decide whether or not their dream of making it in the West or finding a place in the world for their country is really feasible."
"A number of researchers now suspect that rough weather prompted the die-off. The region saw unusually stormy conditions in May, compared to previous years."
"According to Tabarrok, economists have calculated that a world with completely open borders could double global GDP. And not just for one year, but for every year going forward."
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