Topic: How To Invest

What is Pat’s commentary for the week of May 30, 2017

Article Excerpt

Dear Inner Circle Member, In the last century, or maybe the one before, someone said you should “…never pick a fight with anybody who buys ink by the barrel.” The quote was long attributed to U.S. author/humourist Samuel Langhorne Clemens (1835-1910), who is more widely known by his pen name, Mark Twain. A number of U.S. politicians and business owners have echoed or paraphrased Twain’s words over the years, and took them to heart. Politicians and business owners recognize instinctively that newspapers can do great damage to public figures if they wish. And, so much the worse, the newspapers can make a lot of money in the process. After all, news reports of bad behaviour and scandals involving public figures can push up a newspaper’s circulation. This lets the paper raise its advertising rates. To fight back, the public figures have to spend money—for lawyers or press agents, or in payments to competing publications—to tell their side of the story. However, the current President…