The three most important words in investing

“We live in a time of great uncertainty and confusion. Events keep happening that seem inexplicable and out of control. Donald Trump, Brexit, the War in Syria, the endless migrant crisis, random bomb attacks.. And those who are supposed to be in power are paralysed – they have no idea what to do. This film is the epic story of how we got to this strange place. It explains not only why these chaotic events are happening – but also why we, and our politicians, cannot understand them.”

  • Introduction to the documentary HyperNormalisation by Adam Curtis (2016).

 

The White Sands Proving Ground sits in the Jornada del Muerto desert, southeast of Socorro, New Mexico. On July 16, 1945, it became the test site for the world’s first nuclear detonation. The Manhattan Project – the race to build the bomb – had started modestly enough six years earlier, but as it gained momentum, it would go on to employ more than 130,000 people, burning through the equivalent of $26 billion in today’s money in the process. That was once considered an unusual amount of money.

The three most important words in investing