I looked at his list of 11 published books...he takes a 2 way bet....september it is the gloom...october it is the boom... in 1993 he predicted a boom...but all asset classes were dead until 1999 then in 1998 he predicted a great boom ahead.... in the year 1999 he predicted the roaring 2000's, the greatest boom in history.... well reality was, the tech wreck of 2000 put paid to that idea in 2006 he predicted the next great bubble until 2010 well hello...2007 was the gfc...and it paid paid to that other disastrous prediction jan 2009 and its the great boom ahead....hello again
he simply makes his money from appearances, and books sales...and the gullible suck it up in droves...
I just did a sale...900% capital growth over 8 years....and in excess of 20% income per annum... a commercial property, a reluctant sale...only because the freeken banks stopped lending for business... otherwise I would not have sacrificed this stunning investment to a sale... PS I am expecting to buy another similar commercial bargain, to replace this asset......cause I just know...there will be a bear out there....like the ones on here...who will be a scaredy cat...and will panick
qualification.....there are very few bears, brave enuff to go into commercial property ,,,,its a bulls domain...and rightly so...one needs some gutz
the majority of the bears, never put their feet into the water... they never actually take the big step, and wade in bears only ever stand on the sidelines...at the edge of the creek... they never wade in, get their feet wet... they are simply tyre kickers...
