Quote of the day: Cans of food, piles of gold krugerrands and a gun

By Edward Harrison On Jul 13, 2008

Back in 1973 when the market was going to hell in a hand basket, one London market guru offered this cheery advice:

“You will need to invest in three things to survive next year’s economy: Cans of food, piles of gold krugerrands and a gun.”
–WSJ: What to Do in a Stock Selloff, 11 Jul 2008

equities quote of the day

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Japan circa 1996 – forgotten already?

Irish banks have unreported bad debt

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