Rational Advisor

Here’s an excellent quote that we shoudl allkeep in mind, from a very well respected person

“Economy and finance, as instruments, can be used badly when those at the helm are motivated by purely selfish ends. Instruments that are good in themselves can thereby be transformed into harmful ones. But it is man’s darkened reason that produces these consequences, not the instrument per se . Therefore it is not the instrument that must be called to account, but individuals, their moral conscience and their personal and social responsibility.” – Pope Benedict XVI, in his 144-page encyclical Caritas in Veritate (Charity in Truth), explains how financial markets and the market economy aren’t bad in themselves, it’s just greedy people who messed things up (again).

An excellent thought to contemplate. Investments are made from companies that strive to generate profits. What’s happened is that over the last deceade or so, its CEO’s with their greed for bonuses, Analysts with their greed for bonuses and getting deals, and investors with their greed for instant wealth, that has made these otherwise good investments look bad.