5min chapter

Why All News Seems to Be Good News | Sound Underwriting vs. Position Management

This Week in Intelligent Investing

CHAPTER

A Bald Bololesr Molatility on Certain Complexity, Ambiguity

Philip Klein: There's a lot of underlying tension in just about every fastit of life these days, economic and capital markets life included. He says there are some constructive underlying forces in certain areas of the economy that could lead to much better outcomes down the line. Klein: I think optimism is crowding out pessimisms; i agree it's a weird time because you're not seeing as many job openings right now but also more people looking for work.

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Speaker 2

Co, do you still have a lot of if you look at these guys? A, they still have the wrinkled pins, yes, naval pins. So you have a lot of, pretty much. Jef,

Speaker 1

we're pretty much the only one underthe badge on the lapel. The marines wer there on l a, p d wer a little. E g a, ego, globin, some army du too. Oarses, but the marines are definitely, you see all the marines wear in the e g a, would you say that in thecr prior for being a good marine, and also for being a good cop, it lives in, it lives primarily in loyalty,

Speaker 2

a dedication to dedication. Dedication tot one of the things you alepertell, it's always faithful. Even in this atmosphere where my if she's, she's had enough, you know, of the stress that was on her, and she goes, if you get killed, i don't even think anybody'll appreciate it. But that was her opinion, and i don't blame her. And i hope a lot of citizens who are the silent majority that backu stop being silent, because if not, we're going to lose all these good young officers. Tha, tht are just going to take off, some like those 15 officers in south central a week. We can't afford to lose good cops here. We can't oneand

Speaker 1

i think, look, miss, defly the direction i i whant get i te bt, just o picky. Bacis its just when you come on. Am i right? The academyis one thing, but to feel like you know what you're sort of doing takes at least five years. So you have six months in the academy, a year on probation, rockes status, and then you're off.