do you invest in the market? if so, how would you describe your strategy? i.e., are you a buy and hold person? do you pick individual stocks yourself? which money managers do you follow? do you own mutual funds? or is that too risky for you and you stick to money market funds?
personally speaking, I consider myself a value investor, a buy and hold type. though I haven’t done too much of that in my account since I’ve had much more success with “workout” situations in the 1-2 years, i.e., closed-end fund “arb”, small merger arb, one-time reorgs, etc. but now that some of those opportunities seem to be drying up, I’ll probably just buy equities. though I do wonder about the speed with which the market has snapped back since March.
For quite sometime now I have been a short term options and futures player. In more stable markets I like to buy equities and do covered writing to earn money and in case of getting exercised making a nice profit.
WEALTH ACCUMULATION PROPAGANDA AND ATOMIC BOMB. By Allama Muhammad Yousuf Gabriel
How to escape the atomic doom? The philosophers of this modern age have failed to expose the real cause of the trouble. Their view has been limited to the quarrels and production. The study of this Baconian modern atomism reveals that it is a culture of science-guided process, systematic, ever-increasing, continuous and infinite progress, which is a means of wealth accumulation appearing as if this process will continue forever. Thus engrossment in wealth accumulation and a notion of the eternity of this process of wealth accumulation are the manifest characteristics of this particular culture. A study of the subject from Galileo's astronomy through Darwin's biology to Einstein's relativity, and from the railway engine to the hydrogen bomb reveals explicitly that the desire of wealth and worldly facilities have been the incentive. The greed of a stage that the accumulation of the wealth because the sole object of man's life, and wealth assume the form of a deity to be worshipped all over the world with a belief in its eternity The influence of faith gradually dwindled and the sense of religion almost vanished. Thus the root of the trouble is greed. Another feature of this culture is propaganda which has assumed the intellectualized form of slander and back-binding, in this age. And just as when these ingredients of dynamites combine, the result is explosive, when these three ingredients, namely, the propaganda, engrossment in wealth accumulation, and belief in the eternity of wealth combine, the result is atomic explosion. The atomic fire is the scientific philosophical and logical result of these three habits. To escape therefore the horrible atomic doom in the blazing fires of atomic hell, the eradication of these three habits is essential.
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