Quote of the day: Cans of food, piles of gold krugerrands and a gun


Back in 1973 when the market was going to hell in a hand basket, one London market guru offered this cheery advice:

“You will need to invest in three things to survive next year’s economy: Cans of food, piles of gold krugerrands and a gun.”
-WSJ: What to Do in a Stock Selloff, 11 Jul 2008

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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