Hörens- und lesenswert. Big THX & Greetings an dieser Stelle für die großartige Recherche- und Kommunikations-Arbeit in 2013 von Tommy and Tekoa.
Rick Rule: “Every Billionaire I Know Took Bets Contrary To Conventional Wisdom At The Time That Were Highly Risky”
I had the opportunity recently to reconnect with legendary resource financier and investor, Rick Rule, Chairman of Sprott U.S. Holdings.
It was a fascinating conversation, as Rick indicated the resource market is exhibiting all the classic signs of a major bottom, to which investors face downside risks of about 50%—juxtaposed against upside potential of 10 times or more. He further commented on the single trait which separates millionaires from billionaires, after having personally gotten to know over 20 during his lifetime..
Link: http://bullmarketthinking.com/rick-rule-every-billionaire-i-know-took-bets-contrary-to-conventional-wisdom-at-the-time-that-were-highly-risky/
This Is The Type Of Market That Makes Billionaires…
Due to the significance of the next few weeks’ market action, today’s Sunday note to blog subscribers is posted below…
Following another month of choppy price action in gold, the metal was driven down this week in response to a trivial $10B taper announced by the U.S. Fed. General equities ironically surged to new all-time highs, yet again..
Link: http://bullmarketthinking.com/this-is-the-type-of-market-that-creates-billionaires/
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