Sunday, May 10, 2009

Your Best Recession Asset: Yourself

I've been watching an interview with Warren Buffett today ("The Billionaire Next Door: Restoring Trust"). He made an interesting comment about the most important resource you have in a recession: yourself. If you have skills, the claim goes, you'll always be able to compete for a chunk of that market. Therefore, don't worry too much about what currency you should buy, or whether silver and gold are good bets to buy and hold - instead, try to make yourself marketable and make sure you've got the skills to pay the bills (OK, he didn't quite put it that way).

Wise words? I wonder.

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