At the very least he should understand that if he doesn't know what he is doing his account will soon be History.
"History gives no insight into the future" implies that predicting future prices and moves are impossible , because you cannot understand the world without some context and that context can only exist in the past.
Past history is of course 100% relevant to todaY'S MARKET. PEOPLE WHO SAY OTHERWISE ARE IGNORANT. SPAC's are going to unwind this rally in a big way. The fever for what's new is never a fever that breaks well. As a history teacher he should know about war. I would invest in Drones. War supplies & Biotech. As a history teacher there is lots of pandemic to look back upon. Tele medicines whatever the heck that is-- is a sector to look at Smart Glasses that have the computer right in your eye-- That's another sector to look at. Deep Value! Hey it's an art... but there is deep value to be found.~stoney
you could tell your friend to invest in American Airlines https://www.marketwatch.com/story/1...-democratic-aid-plan-11612892987?mod=airlines Capitol Report $15 billion for airline industry called ‘first surprise’ in Democratic aid plan Published: Feb. 9, 2021 at 12:49 p.m. ET By Victor Reklaitis 2 ‘This should be a reminder to investors … that the plan Congress approves will be similar to, but not a carbon copy of, the Biden plan,’ analyst says An American Airlines Boeing 737 MAX airplane takes off on a test flight from Dallas-Fort Worth International Airport in December. AFP VIA GETTY IMAGES Draft legislation from congressional committees started coming out Monday for Democrats’ big COVID-19 relief package, with the House Financial Services Committee revealing plans to provide $14 billion in aid to airlines for payroll costs, along with $1 billion for airline contractors. The additional “Payroll Support Program” money for the airline industry counts as the “first surprise” as Democratic-run committees begin the work of writing the relief bill, said Height Capital Markets analyst Hunter Hammond in a note on Tuesday. “We are a bit surprised at the inclusion of airline aid, given that it was not a part of the Biden American Rescue Plan, but this should be a reminder to investors (and ourselves) of what we wrote last month – that the plan Congress approves will be similar to, but not a carbon copy of, the Biden plan,” Hammond said. Airline stocks such as American AAL, -1.86% and United UAL, -2.32% jumped Monday, but shares in U.S. carriers were pulling back Tuesday, with the U.S. Global Jets ETF JETS, -0.89% down 0.6%. Draft legislation from another House committee unveiled Monday also contained other transportation-related aid, including $8 billion for airports, $30 billion for transit agencies, $1.5 billion to Amtrak and $3 billion for aviation manufacturers’ payroll costs. President Joe Biden said Friday that he would prefer to have Republican support for his $1.9 trillion aid packed, but he would opt for having it pass the Democratic-run House and Senate quickly via a process called budget reconciliation over negotiating with GOP lawmakers.