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10 Simple Investment Rules for the Very Wealthy

Some love him, some don't. But Sunshine did indeed call the Petters fraud a year ago -- I heard him trying to talk a fund of fund manager out of investing in Petters. They thought he was way too animated, and continued to invest. Also, I know he called the housing bust back in 2005 and 2006 and dodged the bubble. Love him or not, but the guy's consistently made good calls.


On Dec 15 09:47 PM A fool and his money... wrote:

> It is easy to take pot shots at the wealthy when they get scammed.
> Hindsight is a great view when it is someone else who has their hind
> handed to them. I know numerous people who were scammed in the Petters
> fiasco who lost way more money then they could afford to lose. All
> this because they wanted less risk and consistent returns. These
> weren't individuals looking to take risk... just the opposite. Easy
> to call them stupid now, but where was your good advise over the
> 13 years the con was being perpetrated???

10 Reasons I'm Glad To Be Doing Business in America

The political and business infrastructure of the USA sure isn't perfect, but it's one of the best. Like most immigrants who've worked their way up in Amerca, I do have concerns from time to time. But it's like a lover's quarrel -- I always seem to return with renewed enthusiasm.