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Does that mean staying in some form of hard cash (or inflation immune cash
instrument if there is some) until you can pick up productive assets at deep
bargains?
Gwenn
| -----Ursprungliche Nachricht-----
| Von: Owen Davies [SMTP:owen@xxxxxxxxxxxxx]
| Gesendet am: Wednesday, October 06, 1999 3:03 PM
| An: ggautier@xxxxxxxxxxx; 'Kohath'; realtraders@xxxxxxxxxxxx; Earl Adamy
| Betreff: Re: How to protect assets
|
| >So what did those do in the 30s that were successful? Buying up all assets
| at
| >discounted prices? Some did succeed for sure at making a nice living, so
| does
| >anyone know what they did?
|
|
| Most successful guy I ever heard of (in this regard) stepped in at the
| bottom of the Depression and paid $5000 for full ownership of the
| company that makes LifeSavers.
|
| Owen Davies
|