Leucadia National: Don’t Be Afraid of Companies Not Widely Followed [View article]
I worked for this company for ten years. The top guys are financial phenoms. I wish the U.S. currency said it was backed by the full faith and credit of Leucadia because I would have a little more confidence in the dollar. This stock is never a sell - take it from a guy who made that very mistake a couple of times. Because the company absolutely shuns publicity and the top guys are not glory hounds, they never get caught up in the euphoria and subsequent blood bath of market bubbles. They do what others just talk about - buy when there is blood in the streets, sell when everyone in the world is buying. Their website - in all its spartan glory - says all you need to know about this company: Don't spend money that will not yield at least a 30% ROI.
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I worked for this company for ten years. The top guys are financial phenoms. I wish the U.S. currency said it was backed by the full faith and credit of Leucadia because I would have a little more confidence in the dollar. This stock is never a sell - take it from a guy who made that very mistake a couple of times. Because the company absolutely shuns publicity and the top guys are not glory hounds, they never get caught up in the euphoria and subsequent blood bath of market bubbles. They do what others just talk about - buy when there is blood in the streets, sell when everyone in the world is buying. Their website - in all its spartan glory - says all you need to know about this company: Don't spend money that will not yield at least a 30% ROI.
May 04 00:52 am
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