Rear Window

You've really got to keep good records, it's very, very important to keep good, accurate records. And you've absolutely got to analyze the records, that's absolutely critical. If you don't analyze them you might as well not keep them at all. If you don't keep them in the first place you will be flying blind, you'll have nothing at all to analyze.

Think of it like driving a car where you can only see backwards in the rear view mirror. The windshield is a black sheet of chalkboard, there's no way to see through it, the only way you can tell what kind of stuff you're driving in is to look backwards at the stuff you were in 2 seconds ago. If you look back and see a mud patch, then you might be in the mud now. You don't want to let off the gas too much cause you'll stop and get stuck, but if you go too fast you might spin out, depending on how much mud you're actually in -- but of course you can't really see that exactly. The mud is the economic slowdown, the driver is the board of directors at the Fed, the car is the economy, and the rear view mirror? Well, that's your records, and everyone's records, and how you analyze them, and the government's record of your analyses and their analysis of their records. Everyone: you've absolutely got to keep good records. And analyze them.