Real estate is a contact sport. I'm happy I did it--and happier I no longer do it. That's why I call it investment rugby.

The moments in history and economics cycles when a complete amateur can get well paid just for showing up and harvest the difference between real and perceived risk are very rare.

Postwar Ukraine will offer one such moment provided the war doesn't evolve into a frozen conflict.

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Lester Golden

From Latvia and Porto I write to share learning from life in 8 languages in 5 countries & seeing fascism die in Portugal & Spain in 1974 and 1976.