Monday, December 22nd, 2008
I find it amazing how fast a lot of people are jumping on the recession band wagon. A business owner just the other day was sharing with me how tough things were and how it was going to get worse and on and on…
When he asked me how I’m finding it at the moment, I didn’t want to tell him that business is booming for us, so I tamed it down and shared with him that if he wasn’t getting his desired results maybe he should try doing things a little different…
He snapped, I don’t care what anyone says there’s nothing you can do to make someone walk through that door. I felt sorry for this person, but until he’s prepared to remove the blinkers and have an open mind, he’s un-coachable.
On the flip side I hope you can see why I keep going on about the massive opportunity’s out there in the market place for those who invest in themselves first, learn how to play the game of business and the world is your oyster!!
Here’s a great example about a shoe salesman focusing on opportunity … (more…)
Thursday, October 23rd, 2008
With all the negatives flying around at the moment who better to listen to than the worlds greatest investor… Here’s an article I’m sure you’ll find valuable from Warren Buffet.
Buy American. I Am. by Warren Buffett
The financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary.
So … I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. (This description leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy.) If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.
Why?
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now. (more…)
Saturday, October 11th, 2008
Who better to listen to in the current economic environment then the great man himself… Warren Buffet. Watch this video and pass it on to your friends.
Yours in success,
Aaron Parsons.
