Friday 31 October 2008

Never to be repeated bargain prices?

Almost 80 years on and history, as it has a habit of doing, repeats itself.

To quote David Letterman, " It's the 79th anniversary of the stockmarket crash and to commemorate that event, stocks are now selling at 1929 prices.'

It's amazing how quickly we forget the lessons of the past.
At the end of the day there's no such thing as a quick buck, just an advance that must ultimately be repaid,

. . . . all too often by someone else.

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