John Cleese released his memoirs recently, and reflected on how the
broader loss of general knowledge in society has limited a wider variety of
jokes from working.
People once knew where places, and whom historical people were, to make
relevant jokes for instance that might fail these days. He even went on to say that Monty Python
Fans were very smart fans, and he has pride in his fan base for that. Could "Life of Bryan" have
worked without a historical context known to viewers?
Part of the problem is "lack of curiosity about important
information that does not directly apply to their lives," he said.
"What people don't get about wealth is that it's very
boring." (At least in accumulating it, and what you need to do to make it).
He also feels, “people that are obsessed with themselves will not have
the energy to deal with other things or people in the world that are important.”
The Gen Y's are currently very uninvested in the market, having come
of age though the GFC, and are very distrustful of investing, wealthy investors
and banks.
However, they will eventually come to the market to trade and invest,
but how will they do it?
Surely social sentiment through Apps, and social networking will
play a greater role than in the past, I would think. Stocktwits, Twitter,
FB or something new will be playing a greater role in investment choices.
But will that mean, that they are simply the biggest Trend Followers
of all time? Will trading on hyper social sentiment, with no historical context,
be the norm? Will they have the
patience to hold long term investments at all, that are mundane and not
receiving any social focus?
Or perhaps, have younger, new investors never been any different?
"An Irishman, an American and John Cleese carrying a dead
parrot, walk into a Bar...."
The problem is, the two mid-twenty year old guys I worked with
today, didn't know who John Cleese was when I asked them, or showed them his
picture in the paper.......
Joke Wasted!!!
Opportunity Lost. Carry On.
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