Alan Weiss’s Monday Morning Memo® – 1/13/14
January 13, 2014—Issue #225
This week’s focus point: When I was much younger, a European executive told me he wanted his money in “American dollars in American banks on American soil.” Since then I thought such sentiments were long gone. But the prospects today are that the US will be the most lucrative place to invest in the world in the decade ahead. Buoyed by a booming economy and the most powerful energy production (and self-sufficiency) in the world, we are likely to see huge investment, reduction in debt, positive balances of trade, and enormous opportunity. I know it’s more fashionable to preach doom and gloom and to castigate ourselves whenever we make progress, but I call ’em as I see ’em.
Monday Morning Perspective: Be not too hasty to trust or admire the teachers of virtue: They discourse like angels but they live like men. — Samuel Johnson
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