Misleading Knowledge

Rules are what we turn to when we don’t know what to do, says Bill Bonner.

Bill is away until 17 April. So in his absence, we'll bring you some of his most insightful, caustic and witty observations from the last 14 years. This article was first published in 2006.

Rules are what we turn to when we don't know what to do. And most often we don't know what to do. Hence, our investment approach like our philosophy of life is founded on a bedrock of ignorance. Sure. Constant. Unyielding. Ignorance is something you can count on.

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