What I learned at WEC 2017

Posted by Andrew Ruhland

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learningFor the third consecutive year now, I’ve made the trans-continental trek to Martin Armstrong’s World Economic Conference, and each gathering provides new learning on deeper levels. This year’s conference exceeded my expectations for unexpected reasons.

The session content was (in my opinion) deeper and richer and more relevant than the previous two conferences that I had attended…by a longshot. Marty’s instructional sessions were the best I’ve personally witnessed; he was the most focused and calm I’ve seen him, with a real clarity of vision and perspective. I couldn’t do justice to the content even it were mine to share, so I won’t attempt to cover it here, with one exception below. When it becomes available, I recommend buying the video of WEC 2017.

This year’s WEC in Orlando was several levels better in terms of organization, structure and flow. Marty was the keynote speaker that everyone came to see and hear, of course, but there was an expansion of role players who really added depth and texture to both days’ sessions. Mike Campbell tied it all together and kept everything flowing very elegantly by interviewing Marty and moderating a panel discussion. Overall, the sessions were tight and rich.

Over the last couple years, Marty Sr. has gradually added key team players to their organization. Princeton Economics’ CEO Ashley Warren shared more of their corporate vision; Erwin Pletsch shared his insights on interpreting and trading with the Socrates model, and a fine middle-aged fellow (whose name escapes me at this moment) told the story of how he connected with the Armstrong team. He has spearheaded the modernization of the computer source code that Marty risked his life to preserve. Marty Jr. has come into the corporate family…and he seems to complete the executive team.

At every conference there are usually a few bombastic idiots, and the larger the group, usually the higher the number. At this year’s event, I only noticed one such huckster who prognosticated at full volume in the foyer…straight out of a Barnum & Bailey circus movie. He was the exception that proved the rule. Some of the most intelligent and genuine people I’ve ever met are those I’ve met for the first time (or 10th time) at Marty’s conferences. He attracts my favorite kind of people, i.e. kind people. Thanks M and D.

One small piece of Marty’s conference material I feel comfortable sharing is how he emphasized the need to survive our own trading and investment decisions over the next decade. Even with an accurate sense of the big picture, and an uncannily accurate system like Socrates, it’s quite easy to make destructive investment decisions. Time, training & temperament; but the greatest of these is temperament.

The 2016 WEC confirmed for me that we are on the right track in respect of our quest to launch a pooled fund using the Socrates system as the primary information source. In the last year we’ve connected with and engaged experienced young trading specialists who have immersed themselves in the Socrates program, and created a beta-test account which has produced very favorable results. Most importantly, we’ve formed a cohesive team of grounded people – people who genuinely like and care about each other’s well -being, in addition to having complementary skills. We connected with the right people in Orlando, and have followed through on submitting our request. Now we wait.

And while we wait, we continue offering ideas and services that actually help people, like this 30 minute webinar called “The Super RRSP for Private Corporation Shareholders.” Click here for free access…

http://integratedwealthmanagement.ca/super-rrsp-private-corporation-shareholders-archived/

Cheers,

Andrew H. Ruhland, CFP, CIM