If Mick says it is time to sell, sell!(PRESIDENT'S NOTE)(Viewpoint essay)

Northern Ontario Business, February, 2008 by Atkins, Michael

I don't know if you've noticed, but capitalism in a crashing market is not as much fun as capitalism on the way up. It can be hard on manners, mood and general decorum as you watch those Pina Colada's melt away with each new bar graph.

Fortunately, I have never been burdened with sufficient surplus funds to get me into any kind of real trouble. My brief, almost accidental forays into the market have been so absurdly unsuccessful, it is a natural safety harness. I prefer to lose my money making bets on actually buying or starting new companies, than trying to figure out how well someone else is going to do in their business.

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That doesn't mean I don't get to live on this roller coaster with the rest of you. The psychology...