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Conza88 Posted: Thu, Jun 4 2009 11:49 PM

Article? I need it badly.

I am certain it was linked from lewrockwell.com, or in mises.org blog or on the forum - roughly 5ish months ago? And it was a FT article, or some paper, from memory.

It was about a Libertarian banker / investor who - during the artifical boom - did hardly anything with his company, he downsized, played golf and many in his department did the same thing.

He wasn't falling for the artifical boom, he was waiting for the bust so he could start buying up really cheap assets. And that is what he did - he refused to use government funding, and government agents thought he was crazy - downsizing whilst everyone else was expanding.

Yet he did the right thing and it worked. Whilst everyone is now downsizing and firing, he is expanding and hiring.

Does anyone know this article? I'd be so thankful! Cheers

 

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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The Banker Who Said No

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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Conza88 replied on Fri, Jun 5 2009 12:12 AM

liberty student:

 

An old photo of yours? Haha.. Thank youuuu! Wink

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Conza88:
Haha.. Thank youuuu!

No worries mate.

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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