Updated, to reflect the changing times.
First, with respect to investing in stocks:
TRUTH #1 - THE STRATEGY OF ‘BUY & HOLD’ NO LONGER WORKS.
The amount of money that has gone down the tubes in the last decade because investors followed the advice of their money managers to 'hang in there’ is staggering.
And secondly, with respect to politics:
TRUTH #2 - TRYING TO ATTAIN BI-PARTISANSHIP WILL NOT WORK.
There are simply too many fear-mongering, undereducated wingnuts to allow both parties to work together. The juice isn’t worth the squeeze.