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Kharybdis

02/22/13 12:24 PM

#3754 RE: RBKissMyAs #3747

I remember it fondly. 2008 thru 2010 and even into 2011 provided some life changing opportunities for the value investor sitting on cash. I can't wait for the next credit crisis. Good assets in the hands of poor managers or in the hands of liquidity strained managers are what you want to look for in the distressed markets. As long as they move to liquidate before the equity cushion is evaporated then there is opportunity. Just like the rest of this board I see this opportunity here and Van Eck and others are helping to keep the window open longer.