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There was a very famous leader in Atlanta who thought that education was appropriate, but on the whole, the view was, 'If you're going to keep people down, you have to keep them ignorant. And so, nothing personal, but we just don't want to recognize the attributes that man of learning would bring. Quite threatening, those would be.'
Hundreds of investors ask me questions each year about the dilemmas they confront. Their worst problem? Uncertainty. They are traumatized and become emotional or confused to the state of inaction. Even worse, they try to solve a short-term problem in a way that hurts them financially in the long run.