Stuff That Interests Me

Before we get started today, if you haven’t already seen it, check out my interview with Alex Langer of Sierra Madre. There could be quite an opportunity setting up with this silver mining company.And if you haven’t read this piece on UK (and US) house prices yet, you might like it - it’s proved quite popular. Right. The Eighth Wonder of the World …How can you turn a tiny sum into a large one?Speculate in small caps is one way. The problem is you risk losing your shirt.There is another, safer path. All you need is time - lots of it - and some discipline.You will often hear it said that time in the market is more important than timing the market. There is a lot of wisdom to the adage, though, in defence of timing, get it right and you gain significant advantage. The underlying wisdom of the adage derives from the power of compounding, what Albert Einstein called the eighth wonder of the world. “He who understands it, earns it. He who doesn’t, pays it,” he is said to have said. (It is one of those attributed qu