Amvona

market_lossOur modern marketplace for investment in the formation and growth of public enterprises is imperfect, but it still works.  It is a mechanism to transfer the wealth of the public to the companies we formulate to produce things; they are a reflection of our country and our people as a whole.  The market can go mildly wrong or it can go terribly wrong.  When it is mildly wrong, it present buying opportunities to shrewd investors, when it goes terribly wrong, it can become a machine of economic injustice.

Published in Orthodoxy

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