Tim Slater compared trading to a medieval battle:
A man used to go on a battlefield with his sword and try to kill his opponent, who was trying to kill him at the same time. The winner took the loser’s weapons, his chattels, and his wife, and sold his children into slavery.
Now we trade in the exchanges instead of doing battle in the open field. When you take money away from a man, it is not that different from drawing his blood. He may lose his house, his chattels, and his wife, and his children may suffer.
Is this what is really happening in the market?
Are we drawing each others blood? In that case I will devote my time in learning from you guys INTENSELY or else my enemy, which is sometimes you guys
, will take away my wife
, chattels and my house, which I just recently bought.
Waaa.. this is a sad world.
