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Moon Kil Woong » Comments » AFAM

  • The Few, The Proud, The Winners in 2008 [View article]
    It's nice to see that there are at least a few winners in this market. Innovation, technology, improved efficiency, and good management is the way out of any downturn. I look to these types of companies to lead us out of the dark not government bailouts and financial manipulation. That is what leads us deeper into the depths of this recession.

    Give billions to promising companies not Lehman, Citibank, and Goldman Sacs. Give billions to research, education, roads, bridges, building out a more efficient better Internet and wireless system, not to GM, AIG, and a bunch of bellicose CEOs who mismanage every aspect of their business and gamble or fritter away decade long multi billion dollar companies.

    Can 2009 be worse than 2008? It purely depends on the choices we make compared to those made in 2008. All is not set in stone, we still have choice. Americans are still in command of their future prosperity. And that is about as positive as it ever gets.

    Happy holidays. Please be frugal even if people say overspending is a positive thing. It is not.
    Dec 23 02:30 am |Rating: 0 0 |Link to Comment
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