1.Genuine ignorance is... profitable because it is likely to be accompanied by humility, curiosity, and open mindedness; whereas ability to repeat catch-phrases, cant terms, familiar propositions, gives the conceit of learning and coats the mind with varnish waterproof to new ideas.
2.Anyway, no drug, not even alcohol, causes the fundamental ills of society. If we're looking for the source of our troubles, we shouldn't test people for drugs, we should test them for stupidity, ignorance, greed and love of power.
3.
The most violent element in society is ignorance.
4.The pleasures of ignorance are as great, in their way, as the pleasures of knowledge..
There are too many people to count that are intelligent yet
choose to remain ignorant which makes them appear stupid.
Education is not something that stops when you graduate
from school. It is an ongoing process, but requires an open mind.
Every subject, new and old, must be examined in light of facts
previously not known or previously rejected. This is a very
difficult process.
Nothing should be accepted without questioning who
presented it and why. Today’s political arena is a great example.
What is being said is not as important as what has the person
saying to gain and do they believe it. Putting the “fact”
under a microscope reveals more than shows on the surface.
The revelations may dispute long held ideas.
In the field of finance we find the great majority of brokers
are intelligent, but do not know how to make money or protect
their clients’ portfolios. No, they are not stupid. They have
ceased to think and to examine the rules of investing or to learn
new systems applications and methods. Every customer wants a
broker who will make him money.
The major problem is they are not taught how to protect
investors funds because Wall Street brokerage houses do NOT
want them to know. They are brainwashed with a set of rules –
Buy and Hold, Dollar Cost Averaging, Do Research, Diversify,
etc.,etc. that do not work when examined closely. They actually
believe this nonsense.
I can say this because I was an exchange member for 17
years and floor trader using my own money not just other
peoples’ money. I also founded and owned a large brokerage
company and have hired 300 brokers.
They are honest, but stock brokers and financial planners
have turned off the lights in their heads. They no longer question
the why of what they are doing. Furthermore, what they have
been taught is what benefits the company and not the clients.
It should be the other way around.
In defense of the brokers it is a fact if they do not develop
a large book of business that follows the Wall Street doctrine they
will be fired. The little investor – one with less than a large
6-figure account – is of no concern to the big brokers.
Pay no attention to the words of what they say to the
Investor; look only at what they do. This applies equally to medical
doctors and politicians. Sorry, docs, I have to throw them in too
as there are hundreds of cures for cancer and heart disease that
have been suppressed because there is no money in a cure.
The investor must fight through the wall of ignorance that
has kept him from becoming wealthy. He will get no help from
his broker because the broker doesn’t know that he doesn’t
know.
Not to overcome ignorance is stupidity.
| Posted: at 10-10-2008 01:06 PM (16 years ago) | Newbie |
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