@Bragato18 24 January 2023

excerpt from Benjamin Roth’s The Great Depression - A Diary page 469/584 “10. Information and statistics are so voluminous that each investor must develop some simple method to make use of them. Most of the information deals with the daily ups and downs of the market—the waves and not the tides. These things are not important. The investor is interested only in that information which affects the long-time trend.” this entry was written in 1938, that is pre-internet times being a Sun Sea Sand person I liked “the waves and not the tides” analogy