1 When you begin a business, always pull out all the capital that has been invested before any dividends are paid. Restore each investor’s capital before anything else. Only then can you begin to get ahead.
2 In a non-market, quasi-socialist economy, such as the western world has laboured under for the past 100 years, never assume anything. Your best predictions can be negated by unforeseeably stupid government interventions.
3 Keep your capital in Gold – hidden Gold – always. Add to that capital whenever possible.