Here’s an important point to remember about any financial crisis you should happen to encounter between now and your retirement: it’s a financial crisis, not a personal crisis. Life goes on even when money dies.
We were reminded of this point after reading a recent interview with fund manager Simon Mikhailovich of Eidesis Capital. He was asked about the ability of financial weapons of mass destruction (
‘Human history’, he adds, ‘is ultimately the history of ebbs and flows of wealth, and the ability to preserve wealth over time requires a very proactive approach. Secular changes that disrupt technologies are traditionally very, very difficult and many will lose. But some people will win.’
Conventional Commodity Investments
The conventional investment approach would be to simply buy
The future of bulk
The Daily Reckoning
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