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Re: 10 bagger post# 132544

Friday, 03/18/2011 1:58:25 PM

Friday, March 18, 2011 1:58:25 PM

Post# of 173813
A classic post if ever there was one. Should be a sticky but where?
I could have written the same thing, if fact I did about 10 times in my investing life which began when I was 18. Now at almost 73 but I have learned some things::

Hungry money seldom wins.
Get a loan when you don't need one.
Don't sell real estate in a down market; in fact don't sell it ever. There are far worse investments waiting for you and whats wrong with collecting 20% when banks are paying just 4.

When I was at NYU many years ago we had an accounting assignment to ask local peddler's how's business. I asked a fruit stand guy and he said "What I make on oranges I lose on Bananas." But I know he has been on that corner for 50 years so he lied. But what he said was true about my investing history.

What I make on oranges I lose on Bananas.




" In the Land of the Blind a one eyed man would be King" Stephen Wynn, CEO WYNN

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