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Old June 17, 2010, 02:22 AM
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Ankesh Ankesh is online now
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Join Date: Sep 2006
Location: Mumbai, India
Posts: 692
Default 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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