The Psychological Investment Law Surviving the Stock Market, Alexander Elder

There is one thing I believe about Koreans: greed for money. The only country in the world that answers that money is more meaningful than family. There are disadvantages, but there are certainly advantages.

Yesterday, my mother sent me a YouTube video on economics, and it was an analysis of Trump. For a long time, I have pointed out how meticulous and scary Trump is and how irresponsible the Korean media is to write down foreign media who do not even have the ability to caricature him. In this YouTube video on economics, however, he calmly analyzed Trump's life to his dreams and the means to mobilize, away from superficial and simple evaluations.

Therefore, Koreans are not interested in understanding the international situation and being a country that takes responsibility for its size, but they take off their colored glasses and sit down in a serious manner in order to invest and make money. For money, you can respect the other person and be polite, and for money, you can think and learn fiercely. Even if you are not an academic armed with the spirit of inquiry, you can fully produce the spirit of inquiry for money.

Some say Korea will collapse. I also think there will be a crisis if the situation continues to deteriorate as it is now. However, I don't think even that crisis can beat Koreans' greed for money. When I look at Argentina, I can feel some kind of excitement and relaxation on the streets even if the economy of the country is smashed. That's why people can't get out of it quickly. Can Koreans smile like that when they start to lose money that is more precious than their family?

There is a level of civilization that can never be achieved with a culture of strong capitalism. Capitalism is inherently a delegationism, and delegation is trust and trust is an ethics. However, there is also a downside that a culture of strong capitalism cannot allow. So I believe that the sinking or crisis in Korea will be limited. [Bookscraps]

If you know how to trade, you can use your time, live and work anywhere you want, and don't have to take orders from your boss. Trading is a fantastic combination of chess, poker, and video games. Anyone who loves adventure can't help but be drawn to trading.

People who take risks are drawn to trading, and those who avoid it do not jump into it. People usually wake up early in the morning, eat lunch, come home from work, have dinner, have a beer, and fall asleep while watching TV. When they have extra money, they save it in the bank. Traders get up and sleep as they please, and invest their funds in risky assets. Traders are solitary people who give up their daily certainty and jump into uncertainty.

- <The Psychological Investment Law Surviving the Stock Market>, Alexander Elder