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Article #182: Successful Investors Have Learned to Talk Their Walk!

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Today, English is the most widely spoken United States of America as an extension
and written language on the planet. of mercantilism. This was at a time when
English was first spoken in Britain by study of anything but economics was
Germanic tribes in the Fifth Century AD. considered unworthy as compared to hard
At that time it was known as the Old sciences like math, chemistry and physic
English (Anglo-Saxon) period. During the and kissing up in the king's court was
Middle English period (1150-1500 AD), highly regarded. The first business
many Old English word endings were schools were established in the United
replaced by prepositions like by, with, States for this reason and still maintain
and from. We are currently in the Modern their dominance. Finance has many words
English period which started in the such as "put" and "call" for which there
Sixteenth Century. are no translations in other languages.
The number of words in English has grown It is critical that you develop your
from 50,000 to 60,000 words in Old financial vocabulary. My understanding
English to about a million today; the of the financial vocabulary is vast
largest of all languages by far. An compared to the average person because of
average educated person knows about my Ph.D. that I hold in the field as well
20,000 words and uses only about 2,000 as my investing experience as a futures
words in a week. Despite its widespread and options trader and long term stock
use, there are only about 350 million investor.
people who use it as their mother tongue. Many years of study at the doctoral level
It is the official language of the combined with direct practice in
Olympics. More than half of the world's investments has allowed me to develop a
technical and scientific periodicals as vast financial vocabulary. This allows
well three quarters of the world's mail, me to capture the essence of investment
and its telexes and cables are in readings and conversations that the
English. About 80% of the information average person does not understand. Many
stored in the world's computers (like investors fail not for lack of
this text) are also in English. English intelligence (I am of average
is transmitted to more than 100 million intelligence) but lack of comprehension
people everyday by 5 of the largest of what makes the stock market tick.
broadcasting companies (CBS, NBC, ABC, This is due, in great part, to a lack of
BBC, CBC). It seems like English will vocabulary that the common man on the
remain the most widely used language for street has not developed. Take the time
some time. to develop your financial vocabulary and
The field of finance was pioneered by the you will excel over time as an investor!






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