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Friday, December 12, 2008

Fear Not

Common sense and a clear understanding of market cycle must take centerstage now. What goes up must come down and what goes down must come up.

-Rem the Dot. Com boom? what happened after that?
-Rem the Sars scare in Singapore? Capitaland was 99c back than...did anyone bought it?
-Rem the crazy oil rush to $147? How much is it now?

So where are we now? It does not take a genius to realise the world is in some crisis.
Think critically, will a crisis last forever?

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

-Warrent Buffett

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