Tag Archives: Panama
When the World goes to Hell, I go to Panama
Today was the 6th worst stock market crash in history. It reminded me of the last time I was in Panama during what turned out to be the nadir of the Global Financial Crisis. My long time mentor and friend Sieg Pedde, a lifelong real estate investor who taught me a lot about investing in general had been working on a property development in Panama and I had decided to become a partner in it.
At the time the entire world was going berserk: stock markets had been tanking for a year, the global economy was threatening to grind … Read the rest