Continuing the cow series.
Would you sell a cow for the price of one bucket of milk? Of course not. That's absurd!
But that's what investors do in times of crisis.
The best businesses in the country are sold at the price of a street food cafe.
The best banks are being sold away for less than their book value.
The best businesses are sold at the cost of their 2-3 annual profits.
During the crisis, you only have to think about one thing. Will you have the $12.50 to buy a cow for the price of one bucket of milk?
#fire_comics
@retire_at_35
