Buy low sell high – isn’t that the common sense mantra for investing?
So on the question of where to invest, given that the safe bets, real estate, cash in the bank etc. don’t look too rewarding. The answer is – invest in the future.
A smart Venture Capitalist that I know, someone who I respect cos he kept a cool head through the bubble, said that he wanted to do counter-cyclical investing – exactly. Lets hear it for the Counter Cycle VC. Buy low, sell high, there’s lots of creativity and new ideas out there.
The Economist suggests there may be nowhere to invest in 2003