“Doubt is not a pleasant condition, but certainty is absurd” –Voltaire
The future may always “uncertain” but there are many things that can be counted upon. The following are a few illustrations of longer-term certainties;
- Capitalism producing economic benefits to owners
- People not being rational calculating machines…..being emotional
- Recessions occur with regularity and are caused by many variables
- Markets will be volatile in the short-run but reflect long-term value over time
- Election cycles and party control drift over time
- The desire for avoidance of pain….physical and psychological
