Jayson Lowe argues that Canadians waste energy trying to predict or control stock markets and interest rates. Reading more or hoping won't change outcomes. People keep using the same failed approaches and react emotionally to swings instead of accepting what they can't control.
Chapters
Right now. There's a lot of things that are going on in Canada economically. There's a lot of things happening with the stock market and interest rates and all these things that are happening. And there's nothing that you or I can do. No matter how many books we read or how hard we pray or whatever it is, there's nothing that you and I can do to control what's happening in Bay street or Wall street or with the bank of Canada. There's nothing we can do about that. And what's interesting to me, people continue to want to stick their square peg into a round hole over and over and over again. We just keep doing the same thing over and over and expecting a different result, which I heard somebody says that that's the definition of insanity. We just think it's going to get changed or it's going to get better or things are going really good. Life is good. So I feel good. The market crashes, oh, I don't feel very good anymore. And we're always trying to control the uncontrollable.