Page 102 - Think Like a Champion
P. 102

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                                                  I am more concerned with
                                                my money being returned than
                                                   the return on my money.

                                                       —Mark Twain



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                                                    The Shock

                                                       Market







                                      hat transpired on Wall Street on September 15, 2008,is one
                               Wday for the history books. I had predicted this would hap-
                               pen about two years ago and again about eight months ago when
                               I appeared on Neal Cavuto’s show. That the landscape of Wall
                               Street could be altered this rapidly is something we should think
                               about. September 15, 2008, was the worst day on Wall Street since
                               right after the 9/11 attacks, with a fallout of some financial giants
                               that we thought were untouchable.
                                  Here’s my view of this situation. We survived and prospered
                               after 9/11, and we will do the same this time. The components
                               are different, but I believe the government is doing the right
                               thing with this financial mess. They have worked hard and long,
                               but a mess is a mess. I won’t equivocate on that. I saw the indi-
                               cations that the world was in for a tough period of time, so I can’t
                               say I’m terribly surprised.


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