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Quote by Naved Abdali

“Broad-market indexes like S&P 500 must rise over the long term. The upward path is the only logical direction. Prices can be suppressed for a short period, but eventually, the index will continue its course.”

Quote by Naved Abdali

Author

Naved Abdali

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“Every society had its elites, of course: its wealthy, well-educated, upwardly mobile types. Machiavelli, a republican himself, called them the grandi. The trick to preserving a republic was not to allow them to predominate as a class, to amass power at the expense of their fellows. Or more precisely: the key was not to allow them to amass power at the expense of the common man.”