This weekend I went to Ocotlan, my hometown, to celebrate my mother’s birthday, she is now 60 years old, but I also came up with some unpleasant news about one of my brothers. And the thing is that apparently my brother Felipe is going to lose his job in the coming week, he had been…
Leslie Rohde, a saavy Internet Marketer I’ve been following for a while, has come up with a good audio podcast where he talks about the current recession. Basically he explains that it’s in recessions where some companies and individuals make their fortunes, but you need to change your mindset and be ready to see opportunities…
Last week, I wrote about how Warren Buffett is investing in companies at bargain prices at times when others are selling and losing their shirts. Warren Buffett’s explanation to this is that these companies are sound and solid and that eventually “Most major companies will be setting new profit records 5, 10 and 20 years…
Such an economic crisis as the world saw in October 2008, inevitably brings financial crises to every walk of life. Not only is it a financial crisis, but it is also a currency crisis, (exchange rate crisis) a business crisis and, potentially, a family crisis. The Asian crisis being more painful than expected, has brought…
“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” said Buffett. “And most certainly, fear is now widespread, gripping even seasoned investors.” This is the basic rule that Warrent Buffett explained on a video interview and that an article from CNN explains a little bit…
Thanks to Ed Dale’s blog, I saw this very interesting video interview to Warrent Buffet by Charlie Rose. The interview was held last week before US Congress voted on the $700 Billion dollars bailout plan. If there is a guy that knows about money that’s him, so we should listen carefully and pay attention when…
