“The cynics are right nine times out of 10.”
--H. L. Mencken
The great journalist and veritable human quote machine, H. L. Mencken, had a knack for poignant and thought-provoking one-liners. Here he tells us how being cynical usually is the correct way of seeing the world. I’ve always been a cynic when it comes to the conventional wisdom on Wall Street, as I think it has by and large hurt investors. If you want to make sure your money is safe, then you’ll be well served by cultivating a cynical, i.e., skeptical, attitude toward so-called expert advice. Learn to think for yourself, and learn to discern the advice that’s right for you.
Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Alert readers, send it to me, along with any comments, questions and suggestions you have about my radio show, newsletters, seminars or anything else.