White Hat vs. Black Hat

In an effort to write daily, I found myself pressed for time today, but still trying to reach my goal. Fitness experts say even 10 minutes in the gym is better than nothing, and that logic sums up today’ post.

I read David Nadig’s newsletter from last week, titled Trust in a Black Hat World, and want to share it here.

Using the Spy vs. Spy characters as his metaphor, he hits the nail on the head of markets, investing, and geopolitical business in today’s America.

And it’s disheartening.

Yesterday I wrote about Head’s up vs. Head’s down. Today I share Nadig’s view of the White hat vs. the Black hat.

Quickly, he points out:

• America isn’t the “good guy” it used to be—it's more like a corporate state now, where big companies are running the show instead of doing what's right.

• Investors, brace yourselves: the market’s drowning in shady, hard-to-figure-out financial products, so it’s time to be extra careful and really know who you're trusting with your money.

To sum it up, he says “You’re on your own”.

Isn’t that the truth….