The Wisdom of Science
"Science, my lad, is made up of mistakes, but they are mistakes which it is useful to make, because they lead little by little to the truth."
— Jules Verne
The great science-fiction writer was dead on with his assessment of how the scientific method arrives at truth. This lesson also can be applied to managing your money, as it is essential for us to learn from the mistakes we’ve made. If we’re smart, those mistakes will lead us little by little to the truth.
Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Alert readers, send it to me, along with any comments, questions and suggestions you have about my radio show, newsletters, seminars or anything else. Click here to Ask Doug.
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.
