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Reinvesting When Terrified - A Must Read
“As this crisis climaxes, formerly reasonable people will start to predict the end of the world, armed with plenty of terrifying and accurate data that will serve to reinforce the wisdom of your caution.
Those who were over invested will be catatonic and just sit and pray. Those few who look brilliant, oozing cash, will not want to easily give up their brilliance. - terminal paralysis sets in.”
Reinvesting When Terrified is a must read! For more by Jeremy Granthan visit the GMO website here.
Grantham does not pull any punches and if you want to be a successful investor these gems of wisdom are priceless.
There is only one cure for terminal paralysis: you absolutely must have a battle plan for reinvestment and stick to it.
Getting a “Financial Battle Plan`in order now will pay off for those investors who have a view to the future and not the past.
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