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Re: Oil Spill - What would you do if your business was affected?
If you had to take full advantage of a disastrous situation, you need to be prepared. And learn from the big boys. About how to create a cash kitty.
There is a reason companies like Microsoft, Google, Berkshire Hathway keep so much cash at hand. When times are bad, they go on a buying spree. And start buying all these distressed companies that have good fundamentals but are in a temporary crunch. The Iceland volcano was too small a time period to show a lot of such distressed sales - in my opinion. But the oil spill will show some awesome deals for people ready with money. |
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