I could have been more cautious
I was beaten up in this round of Strategy Lab because I underestimated the seriousness of the subprime-mortgage mess and the credit crunch. That's a good lesson to use in the next round.
Archive for Investing/StrategyLab/Rnd16/P6/
Play today’s pain for tomorrow’s gain
Investing isn't much fun these days. Everyone seems worried about something -- high oil prices, the credit crunch, bank failures, the rising foreclosure rate, consumer spending, political uncertainty, earnings growth, the risk of recession . . . the list goes on and on and on.