Who could argue that a day trader and Warren Buffett would see eye to eye on the outlook of a stock. Does a long term investor buy the same stocks as a trader?

Only the government can borrow at the T-bill rate. No other investor in the world can borrow money at these rates unless they have some special concession. Short selling is illegal or severely restricted in many countries.

Three hundred years of Tulipomania, South Seas bubbles, Real Estate rushes, gold rushes, concept stocks, junk bond busts, dot coms and Asian Crises have shown that politics and psychology have a major effect on markets. But don't let any of this dissuade you from believing in Modern Portfolio Theory or looking up tables of beta and alpha for various stocks. After all, almost every university throughout the world still teaches MPT to finance and economics students, fund rating services such as Morningstar allocate stars based to a large degree on "risk adjusted" returns, fund managers structure their portfolios based on the Capital Asset Pricing Model, which is a key part of Modern Portfolio Theory, and financial planners do their best to pigeonhole clients into one ... more.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.