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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (3051)3/29/2004 10:24:00 AM
From: Wyätt Gwyön  Read Replies (1) of 116555
 
i think me means the opposite; i.e., he advocates a heavy cash position---"Obviously, as I experienced in Asia in the 1990s, it wasn't important to be "asset-rich" before the crisis of 1997 but to be "cash-rich" after the crisis when financial asset values had tumbled by 90 per cent and when incredible bargains across all asset classes were available."
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