Please explain what the paragraph taking about (200-300 word) topic : how to invest 1. Be Optimistics 1942 when i bought

[answerhappygod]

Please explain what the paragraph taking about (200-300
word)
topic : how to invest
1. Be Optimistics
1942 when i bought my first stock as an illustration of all the
things that have happened since 1942 we've had we've had 14
presidents seven republicans seven democrats we've had we've had
world wars we had 911 we had the cuban missile crisis we have all
kinds of things the best single thing you could have done on march
11 1942 when i bought my first stock was just by an index fund and
never look at a headline never think about stocks anymore just like
you would do if you bought a farm you just buy the formula let the
tenant farmer run it for you and i pointed out that if you put ten
thousand dollars in an index fundthat reinvested dividendsand i
paused for a moment to let the audience try and guess how much it
amount to and it would come to 51 million dollars now and the only
thing you had to really believe in then is that america would win
the war and that america would progress as it has ever since 1776
and that american business if america moved forward american
business would move Forward you didn't have to worry about what
stock to buy you didn't have to worry one day to get in and out you
didn't you didn't know the federal reserve would exist whatever it
might be and america works.