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Archive of entries posted on 14th April 2020

Get cash. Wait. Wait. Buy cheap assets — when they become available

My favorite syndicator didn’t buy anything for three years after the Great Recession of 2008. Offered “values” were ridiculous. Then the prices came down. And he pounced. This time prices will come down. It may be a while. Having cash will be a powerful weapon. Being able to close quickly is a huge weapon. This […]