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Friday, February 20, 2009

Rick Santelli's "Revolution" and the Illusion of "Fixing" Problems

"It's not that I'm so smart, it's just that I stay with problems longer." - Albert Einstein

This is a "Traders" thoughts entry.

I caught "Ricks' Revolution" live yesterday on CNBC. God love him, the guy makes a ton of sense.

So how ... how do we 'fix' this problem?

I believe that question, belies the entire illusion of the true nature of the problem itself. We are here because someone tried to 'fix' a problem ...

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click this link to view the entry ...)

Here is the link to the version of that video.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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