NP: Bush, Saddam, Ayn Rand
MalignD at aol.com
MalignD at aol.com
Wed Oct 23 10:15:15 CDT 2002
Bloodthirsty warmonger George W. Bush, alluding to Saddam Hussein, had this
to say about Ayn Rand:
"Rand's teachings and writings rooted in laissez-faire capitalism are the
ground upon which successful traders should stand:
“Man’s mind,” states John Galt, the protagonist of Atlas Shrugged, "is his
basic tool of survival. Life is given to him, survival is not. His body is
given to him, its sustenance is not. His mind is given to him, its content is
not. To remain alive, he must act, and before he can act he must know the
nature and purpose of his action. He cannot obtain his food without a
knowledge of food and of the way to obtain it. He cannot dig a ditch — or
build a cyclotron — without a knowledge of his aim and of the means to
achieve it. To remain alive, he must think."
"Thinking is not an automatic process. A man can choose to think or to let
his mind stagnate, or he can choose actively to turn against his
intelligence, to evade his knowledge, to subvert his reason. If he refuses to
think, he courts disaster: he cannot with impunity reject his means of
perceiving reality."
Rand is more than relevant. Think about this excerpt from Rand’s writing
within the context of trading. Are not blindly following your broker's
opinions, listening to David Faber, chatting at Motley Fool, griping at
RagingBull.com, trading RSI or watching support/resistance levels all actions
demonstrating your choice not to think? Aren’t you allowing your mind to
stagnate by evading the pure reality by relying on others to think for you
and distort it? Following the hollow messages of other so called experts of
trading courts disaster. We are sure all readers know at least one person who
went bankrupt in the market by refusing to think for himself.
Trading is a zero-sum game. It's you against the world. It's not you and your
friend or you and your broker fighting together. You are left to objectively
use your mind to determine the best course of action in order pull a profit
from the other traders in the world who are competing with you at the game.
You must dig deep to understand why one course of action is better than
another and avoid decision making based on fear. Pure fear is why the Nasdaq
rose so far and plunged so low. And those who controlled their fear with
confidence in themselves and their decision-making made a killing."
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