Richard’s Wisdom -
“Richard’s Thoughts on Relaxation and Diversification”
I've been watching and participating in markets since 1946. Sure, every year is different, and every market, whether bull or bear is different. But what's unique about the situation now is that there doesn't seem to be any place where you can just sit and rest and well -- relax.
Excuse me, New Yorkers, but the markets today remind me of why I left New York. There's no place to rest in the City. Too many people, too little grass, too few trees, too much cement, too many cars, too many problems, everything you do, and every place you go is a hassle. It's a stressful life in the big city, and after 35 years of it, I packed up my stuff, paid my bills, gathered my family together, said "bye" to my surprised neighbors, gave the elevator man ten bucks -- and split.