Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These are the same people who like to watch the locomotive coming and get run down in the name of discipline.

As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long.

Capitalism does millions of things better than the alternatives. It balances supply and demand in an elegant way that central planning has never come close to.

I like to be right. I try not to miss the big ideas, forget the little ones, and try to get them right. End of job description.

In full accordance with the law - and in order to prevent terrorist attacks on the United States and to save American lives - the United States government conducts targeted strikes against specific al-Qa'ida terrorists, sometimes using remotely piloted aircraft, often referred to publicly as drones.

I think we have lost track of a core Republican principle of limited government and balancing budgets and restraining federal spending. We have got to change the system.

Rather than being an impediment, NASA can and should be the driver of commerce, the provider of the technology necessary to make some big money in space. The truth is that private enterprise already has a huge presence up there.

Within white Australia, there was a growing movement for what was known as reconciliation - a movement that peaked with millions marching in 2000 to demand the government say sorry for past injustices.