Saturday, February 25, 2006

WalletDoctorBlog successful investors have learned to talk their walk!

WalletDoctorBlog,

The fourth secret to success of the Jewish
tribe is verbal competence and here is why.
Today, English is the most widely spoken and
written language on the planet. English was
first spoken in Britain by Germanic tribes in
the Fifth Century AD. At that time it was
known as the Old English (Anglo-Saxon) period.
During the Middle English period (1150-1500 AD),
many Old English word endings were replaced
by prepositions like by, with, and from. We are
currently in the Modern English period which
started in the Sixteenth Century.

http://www.walletdoctor.com/stockcd.htm

The number of words in English has grown from
50,000 to 60,000 words in Old English to about a
million today; the largest of all languages by far.
An average educated person knows about 20,000
words and uses only about 2,000 words in a week.
Despite its widespread use, there are only about
350 million people who use it as their mother
tongue.

http://www.walletdoctor.com/stockcd.htm

It is the official language of the Olympics. More
than half of the world's technical and scientific
periodicals as well three quarters of the world's
mail, and its telexes and cables are in English.
About 80% of the information stored in the world's
computers (like this text) are also in English. English
is transmitted to more than 100 million people
everyday by 5 of the largest broadcasting companies
(CBS, NBC, ABC, BBC, CBC). It seems like
English will remain the most widely used language
for some time.

http://www.walletdoctor.com/stockcd.htm

The field of finance was pioneered by the United
States of America as an extension of mercantilism.
This was at a time when study of anything but
economics was considered unworthy as compared to
hard sciences like math, chemistry and physic and
kissing up in the king�s court was highly regarded.
The first business schools were established in the
United States for this reason and still maintain their
dominance. Finance has many words such as �put�
and �call� for which there are no translations in
other languages.

http://www.walletdoctor.com/stockcd.htm

It is critical that you develop your financial vocabulary.
My understanding of the financial vocabulary is
vast compared to the average person because of my
Ph.D. that I hold in the field as well as my investing
experience as a futures and options trader and long
term stock investor.

Many years of study at the doctoral level combined
with direct practice in investments has allowed me
to develop a vast financial vocabulary. This allows
me to capture the essence of investment readings
and conversations that the average person does not
understand. Many investors fail not for lack of
intelligence (I am of average intelligence) but lack
of comprehension of what makes the stock market
tick. This is due, in great part, to a lack of vocabulary
that the common man on the street has not developed.
Take the time to develop your financial vocabulary
and you will excel over time as an investor. If you
learn to develop you financial vocabulary a world of
investing success will open up to you! Go here now to
begin developing you investing vocabulary:

http://www.walletdoctor.com/stockcd.htm

-Scott

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