Knowing Yourself Well

More 'mini-Madoffs' surfacing with losses ranging from $25M-$100s of millions.  Other than the India Company, I mentioned in a previous post, the latest stock fraud outside this country that I have seen is Spain authorities arresting 6 people for a $600M loss.

I learned a new word this week called anosognosia.  It has to do with denying reality by seeing through distorted perception.  As I have reiterated, use this time of contraction in the world to scour yourself and see if there is denial anywhere in you.  We all experience this at different times in our lives. Enlightenment of understanding removes that energy.  

In watching the market these last few days, it is moving up and down on an emotional basis, which means investing is full of uncertainty and sudden moves in either direction.  Be prudent and know there is substantial risk.  What has gone up fast, an example being Iceland's financial system (they amassed major debt during years of rapid expansion), can collapse suddenly, taking the government with it.  

There is controversy over whether former President Bush and Mr. Rumsfeld should be held accountable for torture.  My vote is yes because our forefathers set us up as a 'Republic' and the law rules, not majority opinion.  It is very important that we keep acting in this manner to keep our government structure strong.