A long-term strategy is essentially a waiting game between two players, trying to outlast the other.
High-income earners with large net savings are full and waiting patiently, while low-income earners with slim net savings are starving and just trying to survive—who do you think outlasts whom?
But has anyone explained how to solve it? No.
No one cares how you solve it; what everyone asks is whether you've actually solved it.
In other words, there are many things that aren't right, yet the law doesn't prohibit them, and morality doesn't either.
Don't go around imposing a bunch of restrictions on yourself. If neither the law nor morality restricts something, why would you arbitrarily restrict yourself?
Making money is easier in finance than in the real economy because finance is the channel and the real economy is the crop. When there’s no water in the fields, the channel may still hold some; when floods hit the fields, the channel fills up first.
The benefit? It always flows to the channel first — those closest to the water reap the moonlight.