Tuesday, July 17, 2007

Catching the Big Investment Trends

I published the post below in answer to the question I am asked most often; "How can I get in on this action?" If I want solitude at a party I mumble something to the effect, "Well, it's complicated" and people leave me alone.

Marc Faber said if you had made just a few decisions in the last 25 years; Japan in the '80's, the U.S. in the '90's, commodities in the '00's you could have almost gone on autopilot in your investments and spent your limited time on this earth, well, living. But then again he couldn't resist Buenos Aires condo's after the crisis and other such detours. Some of us just have to have something going on all the time.

Shakespeare said it:

“There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full sea are we now afloat. And we must take the current when it serves, or lose our ventures.”

Milton Friedman said it:
The Tide in the Affairs of Men

By Milton Friedman and Rose D. Friedman

Now Climateer Investing has said it.
Get the wind at your back, fill the sails, forget the trim tabs.

Shakespeare also said: When words are scarce they are seldom spent in vain” (good link)