2009-12-23

CoTR Notes (2)

It is interesting to note how hungry the people of emerging countries are to learn.

One advantage of writing online was that I could write about things as they were happening. I could write about history as it's being made.

Desperate people do desperate things.

Because our political leaders are in trouble, they're handing out more money. They are desperate, and they don't want to lose their power.

A German style hyperinflation is good for those who know how to borrow tens of millions of dollars at extremely low, non-recourse, fixed, forty-year interest rates, and how to invest those dollars into real assets that produce steady cash flow.

Everyone needs a place to live, and we provide safe, well-maintained apartments at reasonable pricing. That's a recipe for success. We continue to operate at a 92 percent occupancy rate, which keeps the cash flowing.

Take care and stay vigilant. You are witnessing the greatest wealth transfer in the history of the world, and I want to see you prosper. ~Robert Kiyosaki