An Economist is somebody who doesn't just see the immediate and direct effects of an action. A six year old can usually tell you the immediate and direct effect of actions. That's not hard. An Economist tells you the indirect and delayed effects.Doug Casey (March 7th-9th)
Source: Prospectors and Developers Association of Canada (PDAC) 2011 - Link
Introduction by Doug Casey: War Stories from a Successful Speculator
6 year olds can tell you a whole slew of things!!!!
ReplyDeleteI heard him say this in a speech I was watching and just had to rewind it multiple times so I could write it down verbatim. :-D
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