Stitch,
OT-- "The Prince"
Yeah well, I just reread "The Prince" and it reminded me of the disk drive sector and technology investing in general--- Had to much time on my hands there for a few weeks <g>.
Anyway-- "The Prince can be read in a different manner; as a manual for daily life and the maximization of opportunity. The mere notion that Machiavelli, a former servant to a Republican government who praises the role of principality, exemplifies his belief that adversity can be a blessing that has not been considered or planned. In The Prince, Machiavelli devotes special attention to the lives of Cesare Borgia and Pope Julius II; men who turned even the most trying circumstances into an opportunity to advance. With careful analysis of The Prince, from the perspective of personal actions, certain fundamental principles for living are revealed by Machiavelli.
The most prominent theme which Machiavelli introduces, and it is the basis upon which he praises Pope Julius II and Cesare Borgia, is to create opportunity where none seems apparent. The first step to achieving the greatness of Borgia and Pope Julius II is to utilize foresight. Princes, according to Machiavelli, "have not only to watch out for present problems, but also for those in the future, and try diligently to avoid them" (84). Machiavelli analogizes Fortune to a river, a contemplative force that directs its path through weakness "where she knows that dikes and embankments are not constructed to hold her" (159). Because of this nature, a person who wants to dominate the circumstances instead of being ruled by them must look to see where the river has gone and predict where it will go next."
"The Prince" should be required reading before anyone can open an investment account.
Thanks, Laura-- titan.iwu.edu
Paul
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