Old Truth
As the movie "Layer Cake" Daniel Craig said at the end of a character ("What was true then is true now. Have a plan. Stick to it."), So today we remember the statements made in the past, have been forgotten a great year of growth. Today the numbers in a short article about the old Wall Street wolf John Loeb advice, expressed in 1970, during a routine stock market crash. As you have just recently had to write an article about how businesses survive through oscars live online the recession (which I hope will soon Gazette will print), I can see clearly how the same applies, but in another form, could help many companies and investors suffer less in recent years.
So Loeb Ten tips. Submit it to the English language, but the three I particularly liked them and I would like to emphasize. Once in every seven years to go there, there is a period of general Excessive speculation culminating in a Severe panic or depression When the man who is borrowing money is at great disadvantage and he who has ready cash stands like a tower, four-square to the That ill winds blow. Extreme Situations do not last, no matter what The apparent justification. While May we have "new eras, old laws will still OPERATE. Avoid Commitment, Delayed Particularly of the variety; oscars live online They are more Insidious. Also, without definite about Commitment made to you by others. When the storm comes, Misunderstanding are so easy and so natural. In both 1920 and 1929, the so-called "big fellows" in the general said everything was okay. But if the big fellows in general thought Otherwise the stage could not be set for the unexpected. Panics occure Themselves Because the leaders have lost Their Way. Never borrow money without continually reviewing oscars live online and questioning your ability to pay it back under the worst conditions. It's right to be an optimist, but always be prepared for the worst. People borrow money in good times and pay it back in bad times - just the opposite of What They Should Do. The public is just as blind in recognizing the bottom of a depression as it is in recognizing the top of a boom. While there is no ladder oscars live online to Heaven That Reaches The Ladder That Reaches all the way down to Hell in a country like America is just as fantastic. A Reputation for fair and honest dealing will be your greatest asset. As my father used to say, "Do not forget, the soup is never eaten as hot as it is cooked."
2 Extreme Situations do not last - so each major growth during all forget the fundamental principles of the functioning of the world, we hear phrases such as "new age, new order, like some kind of technology or effect (eg. Internet, globalization) basically took down the civilization of the a new level, where the old rules do not apply. Unfortunately. Even in the case of Lithuania, set out to address oscars live online was at least (just across the fields to reach or exceed the EU average), assumptions and stayed just assumptions.
7 So, why do people "persiskolina" good times? The answer is clear - the money is usually very cheap and earning opportunities - virtually risk-free (well, so it seems). Can a person sit quietly, as a neighbor sees paying 3 percent interest in the bank, and raising its investment portfolio in 20-30 percent annually? Risk-free! Lithuanian Can not invest in real estate when their own money is enough to put 5 or 10 percent, while increasing the value of at least 10-15 per cent annually? Terms such as "risk," "diversification" and "liquidity" goes to the background, because the market oscars live online is feeling so that each be employed litas just brings you loss!
9 Reputation is often overlooked during boom periods, but nothing more serious times, oscars live online fraudsters do not want to contain. Again, it may be recalled that during the crisis goes back to the simple human values.
good old truth ... as not a man trying to sucker oscars live online ... and the feeling of trying to manage especially during take-off ... maybe as much as i relgija biski notwithstanding, but even in the same book in the book (the Bible) written in Buna fertile years and not cool .. especially the legend of the Pharaoh and 7 super vintage and 7 of poor ... all what a person needs in order to create a fortune, has long been written and said. only vat no one wants to hear, because NT can not subside, now everything will be different "X techlogijai future depends," etc. As a result, and collapse of bubbles ... not intentionally or not but did not write, maybe wall satreat Wolf did not mention :) always have liquidity pillow :) ... and invest not only in the OP, but I myself: isislavinimas, knowledge, and personal contacts (the latter is especially useful in times of crisis, and that the job seeker)
Took me time to Examine all of the comments, but I truly enjoyed the post. It peeing movies Proved to be
As the movie "Layer Cake" Daniel Craig said at the end of a character ("What was true then is true now. Have a plan. Stick to it."), So today we remember the statements made in the past, have been forgotten a great year of growth. Today the numbers in a short article about the old Wall Street wolf John Loeb advice, expressed in 1970, during a routine stock market crash. As you have just recently had to write an article about how businesses survive through oscars live online the recession (which I hope will soon Gazette will print), I can see clearly how the same applies, but in another form, could help many companies and investors suffer less in recent years.
So Loeb Ten tips. Submit it to the English language, but the three I particularly liked them and I would like to emphasize. Once in every seven years to go there, there is a period of general Excessive speculation culminating in a Severe panic or depression When the man who is borrowing money is at great disadvantage and he who has ready cash stands like a tower, four-square to the That ill winds blow. Extreme Situations do not last, no matter what The apparent justification. While May we have "new eras, old laws will still OPERATE. Avoid Commitment, Delayed Particularly of the variety; oscars live online They are more Insidious. Also, without definite about Commitment made to you by others. When the storm comes, Misunderstanding are so easy and so natural. In both 1920 and 1929, the so-called "big fellows" in the general said everything was okay. But if the big fellows in general thought Otherwise the stage could not be set for the unexpected. Panics occure Themselves Because the leaders have lost Their Way. Never borrow money without continually reviewing oscars live online and questioning your ability to pay it back under the worst conditions. It's right to be an optimist, but always be prepared for the worst. People borrow money in good times and pay it back in bad times - just the opposite of What They Should Do. The public is just as blind in recognizing the bottom of a depression as it is in recognizing the top of a boom. While there is no ladder oscars live online to Heaven That Reaches The Ladder That Reaches all the way down to Hell in a country like America is just as fantastic. A Reputation for fair and honest dealing will be your greatest asset. As my father used to say, "Do not forget, the soup is never eaten as hot as it is cooked."
2 Extreme Situations do not last - so each major growth during all forget the fundamental principles of the functioning of the world, we hear phrases such as "new age, new order, like some kind of technology or effect (eg. Internet, globalization) basically took down the civilization of the a new level, where the old rules do not apply. Unfortunately. Even in the case of Lithuania, set out to address oscars live online was at least (just across the fields to reach or exceed the EU average), assumptions and stayed just assumptions.
7 So, why do people "persiskolina" good times? The answer is clear - the money is usually very cheap and earning opportunities - virtually risk-free (well, so it seems). Can a person sit quietly, as a neighbor sees paying 3 percent interest in the bank, and raising its investment portfolio in 20-30 percent annually? Risk-free! Lithuanian Can not invest in real estate when their own money is enough to put 5 or 10 percent, while increasing the value of at least 10-15 per cent annually? Terms such as "risk," "diversification" and "liquidity" goes to the background, because the market oscars live online is feeling so that each be employed litas just brings you loss!
9 Reputation is often overlooked during boom periods, but nothing more serious times, oscars live online fraudsters do not want to contain. Again, it may be recalled that during the crisis goes back to the simple human values.
good old truth ... as not a man trying to sucker oscars live online ... and the feeling of trying to manage especially during take-off ... maybe as much as i relgija biski notwithstanding, but even in the same book in the book (the Bible) written in Buna fertile years and not cool .. especially the legend of the Pharaoh and 7 super vintage and 7 of poor ... all what a person needs in order to create a fortune, has long been written and said. only vat no one wants to hear, because NT can not subside, now everything will be different "X techlogijai future depends," etc. As a result, and collapse of bubbles ... not intentionally or not but did not write, maybe wall satreat Wolf did not mention :) always have liquidity pillow :) ... and invest not only in the OP, but I myself: isislavinimas, knowledge, and personal contacts (the latter is especially useful in times of crisis, and that the job seeker)
Took me time to Examine all of the comments, but I truly enjoyed the post. It peeing movies Proved to be
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