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Feb 24, 2011 00:10

"When there is a drought, then prepare a stock of boats; when there is a flood, then store up carts." - Fan Li, fifth century BC

I saw this meditation on business cycles and contrarian investing in _Food & Money in Ancient China_, which I stumbled across in the Rosicrucian Research Library in San Jose, when tyrsalvia took me there in 2003 ( Read more... )

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papertygre February 25 2011, 01:35:31 UTC
My favorite Chinese proverb is, "Even a clever wife cannot cook a dinner without rice."

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