Comments on: Snowball Effect: It’s Not That Bad http://alsop-louie.com/markets/snowball-effect-its-not-that-bad/ The Art and Science of Entrepreneurs Thu, 11 Mar 2010 18:22:27 +0000 http://wordpress.org/?v=2.0.5 by: Ron Davis http://alsop-louie.com/markets/snowball-effect-its-not-that-bad/#comment-5553 Mon, 19 Jan 2009 20:49:26 +0000 http://alsop-louie.com/markets/snowball-effect-its-not-that-bad/#comment-5553 I agree with Michelle. Not many, except perhaps a few oldtimers like Buffett can rember past last year. I received my milatary discharge in 1969 and set about the task of making my fortune on Wall Street just as 1970 rang in. Those were indead tough times to be associated with any aspect of the market. As a young IB with a highly respected Wall Street firm (Think Warren Buffett's loan), the bonuses then, compared to the ones handed out in the early part of this decade, hardly seem like a bonus. Making money was very difficult, but those of us who resisted the temptation to throw in the towel, lived to reap the rewards. The problems of today will be overcome just as the issues that face my generation in the '70 and the ones faced by our parents and grandparents in earlier times were overcome through faith in ourselves and hardwork. As I sit back and look at news on television and read what today passes as journalism in newspapers, I am amazed at how susceptable we have become to the negatove. Everywhere I look I see opportunity. Everywhere they look they see dispare. Thanks for your optimistic words. Regards, Ron Davis I agree with Michelle. Not many, except perhaps a few oldtimers like Buffett can rember past last year. I received my milatary discharge in 1969 and set about the task of making my fortune on Wall Street just as 1970 rang in. Those were indead tough times to be associated with any aspect of the market. As a young IB with a highly respected Wall Street firm (Think Warren Buffett’s loan), the bonuses then, compared to the ones handed out in the early part of this decade, hardly seem like a bonus. Making money was very difficult, but those of us who resisted the temptation to throw in the towel, lived to reap the rewards.

The problems of today will be overcome just as the issues that face my generation in the ‘70 and the ones faced by our parents and grandparents in earlier times were overcome through faith in ourselves and hardwork.

As I sit back and look at news on television and read what today passes as journalism in newspapers, I am amazed at how susceptable we have become to the negatove. Everywhere I look I see opportunity. Everywhere they look they see dispare.

Thanks for your optimistic words.

Regards,

Ron Davis

]]> by: Michelle Bonat http://alsop-louie.com/markets/snowball-effect-its-not-that-bad/#comment-5472 Thu, 08 Jan 2009 19:33:33 +0000 http://alsop-louie.com/markets/snowball-effect-its-not-that-bad/#comment-5472 Stewart - Your comments are very refreshing and give quite a good perspective as we turn the new year. I posted your wisdom on my blog with full credit www.26waves.com. Regards, Michelle Stewart - Your comments are very refreshing and give quite a good perspective as we turn the new year. I posted your wisdom on my blog with full credit www.26waves.com. Regards, Michelle

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