Daily Inspiration from the Oracles of Finance

A Good Investment Will Always Pay Off, Says Mexico's Oracle of

A Good Investment Will Always Pay Off, Says Mexico's Oracle of
Carlos Slim Helu

Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off.
– Carlos Slim

Before Carlos Slim Helu of Mexico, no one from a developing country had ever become the world’s richest. In the face of economic carnage, he made many bold investments that paid off hugely, including buying giant stakes at the bottom of an economic and currency crisis.

Slim's record is proof that even the worst disasters contain opportunities for savvy investors. If, that is, you have capital to deploy.

The best English-language Slim biography is Carlos Slim: The Power, Money, and Morality of One of the World's Richest by Diego Osorno.

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