Episode 160: Much as been made about the demographic decline that is occurring as Baby Boomers age and move into retirement and eventual death. This is a global phenomenon.
I pay close attention to demographic trends and I have spoken often about how low birth rates are stunting global growth. HOWEVER, I’m not apocalyptic…I leave that to guys like Harry S Dent (The Demographic Cliff) that have made a career of predicting demographic spurred economic collapse.
In this episode I discuss the Baby Boom issue but also stress the concept that there are two sides to every trade…and the successful investor will optimistically look for opportunity and not dwell in pessimism.
The key to success is being able to Observe and Adapt, this applies to all endeavors- investing, employment and entrepreneurship.
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