The Power of Markets

• No single individual possesses enough ability to know-how to create a pencil on their own. Rather, the mundane pencil and the ability to purchase it for a sum is the result of an extraordinary process driven by the knowledge of market participants and the power of market prices
• Workers with specific knowledge about costs, constraints and efforts use market prices to leverage knowledge of others to decide how to direct resources and make a living
• The market is smarter than we are and no matter how smart we get, the market will always be smarter than we are​

Compass Financial Advisors