By Chris Bailey of Financial Orbit | Sunday 11 August 2019
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The quote above was said to me by my Economics teacher at the state comprehensive school i attended many, many years ago. It was probably the wisest sentence uttered to me during my formal education (besting even the wryly amusing comment by my microeconomics lecturer during my undergraduate studies that 'life is a trade-off problem') as it underpins the rationale for the market over any 'the collective knows best' alternatives.
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