Latin For "Hero"
Tu ne cede malis sed contra audentior ito
(Do not give in to evil, but proceed ever more boldly against it.)
— Virgil, The Aeneid
The above Latin verse from Virgil’s Aeneid was adopted as a motto by one of the greatest thinkers in history, Austrian School economist Ludwig von Mises. The author of the highly recommended book Human Action recalled these words during the dark hours of World War II, and it helped him survive intellectually as he was forced into political exile by Nazi sympathizers. I think we all can learn from the example set by Mises, as the only real power that evil has is the power we choose to give it. Thanks, Mises, for being a true intellectual and moral hero.
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
