I just read John Maudlin’s latest newsletter. His book is great, but his newsletters always provide some thoughtful input for the weekend. This week he writes about the difficulties of getting a high rate of return on your investments given the current “Secular Bear Market”. He goes on to write about how things are going to change with new challenges many countries will face in the future, including demographic shift, oil prices, and technological change. This quote is great for investors:

I did outline a number of problems in our future in this speech. But there have always been problems of one form or another. The key to understanding the changes that are in our future, to finding profitable investments, is not to ignore the problems, but to figure out how they will be solved and then to invest in the solution.

How will this philosophy shape your investments?