buying stocks at all seemed like nothing but speculation in the 1920s because corporate disclosures were so opaque. By the 1970s that had changed, and you could

buying stocks at all seemed like nothing but speculation in the 1920s because corporate disclosures were so opaque. By the 1970s that had changed, and you could begin to make rational, calculated long-term decisions that put the odds in your favor. Thriving growth follows sunshine. Meanwhile, Govs/Corps compulsively fight transparency. Their only greater priority is revenge on people who drag them into the light.