I've always talked about my zig-zag principle but I am of course not the only person in property investment to use it. In fact it's been used for hundreds of years.
The other day I was chatting with a client who is heavily into shares. John's a very wealthy guy who has worked full-time in the financial districts of London since he started as the office runner in the '40s. He said of my zig-zag principle “you may say “zig-zag” but I have always said you'll make a killing in shares if you're fearful when others are greedy and greedy when others are fearful.
As they like to say in Thailand – same same but different! Yup – it's a universal principle but it only works if you are educated, experienced and don't procrastinate.
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PS. If you're reading this after July 2010 then check with us, it might just be time to be fearful. 🙂
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