The Most Important Thing for Investors Is Confronting Reality

We all have to deal with the world as it is and not how we want it to be. Many of the things that have happened over time have not happened in our lifetime before even though they repeat so those lessons from history we each learned them differently i remember my dad um you know he went through depression and then war and then you know in the 1950s  he wanted to save he wanted to secure that he didn't want to go into the stock market and so on and that but there was another part of that cycle.