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Tuesday, February 8, 2011
What a ride....
That ride up was enough to starve anyone of vital oxygen needed to make clear headed decisions. I remember pretty smart people telling me I was missing the boat, but I remember from my days as a monk being told; "Be steady like the moon, not a short bright splash like a shooting star." Now I'm no longer a monk, but I have often referred to that advice to guide me through life. I may have missed out on "maybe" making some big money, but I did not lose any and this market aberration (bubble)caused little discomfort to my life. Unfortunately it brought ruin to many others, both emotional and financial and almost destroyed a country.
Have we learned a lesson? When and where is the next sleeping dragon?
I am a New York City real estate broker trying to change the landscape in which we do business.
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