Monday, August 24, 2009

Opportunity for all

We can own any stock at any time for as long or as short a time period as we wish. We must continue to use this amazing freedom to our advantage. For comparison, we can't change careers on a dime, change homes, change cars, change spouses, change nationalities. The fact that we can basically have our money in any company that makes any product or service, in any industry, in any country, for any length of time (for such little cost to switch positions) is pretty incredible. Imagine how terrible it would be if we couldn't invest alongside Steve Jobs of Apple, in a way to prevent swine flu, in the shift toward online travel using Priceline, in the shift in coffee business (k-cups).