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Dry Powder. . .

July 15, 2008

On Friday a friend of mine asked for advice on what sort of companies he should look to acquire.  I suggested that he hold onto his cash until the current ’storm’ cleared.  Today you may be aware that the DOLLAR HAS DROPPED TO A RECORD LOW.  President Bush will be going on television today at 10:20am in an attempt to calm investors and restore confidence in our banks.  My advice?  Keep calm, but stay liquid.

Written by Alexander Muse · Filed Under Blog, Personal 

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