Carlos Slim: No matter how bad a crisis gets...

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

– Carlos Slim Helu

Today's Oracle Bio:

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.

Book Highlight:

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

Learn more about this book. (Affiliate link)

Thought of the Day:

Slim is proof that even the worst disasters contain opportunities for savvy investors. If, that is, you have capital to deploy. I have been setting aside cash this year so I have firepower, in case things get really bad.

Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please consult with a qualified financial advisor before making any investment decisions.

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