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Lessons to be Learned from the Wuhan Virus Fiasco

April 8, 2020 By Philip Barton

Wednesday

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.

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