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.
Live with passion,
PS. If you're reading this after July 2010 then check with us, it might just be time to be fearful. 🙂
We have a strategy for that as well!