TOO LATE TO SELL

26 November 2008

If you can keep your head when all about you are losing theirs…

The past year has seen the worst bear market in my nearly forty-year career. I did witness some declines of equivalent magnitude, as in 1973-74, but cannot remember the kind of panic selling which took place in October and early November of this year. ”

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François Sicart 
26 Nov 2008