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#19: Simon Mikhailovich on the Ultimate Insurance Policy: Gold

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Sailing

Simon Tisdall: The most comfortable and the most peaceful point of sale is when the wind is behind you. That's true in sailing as well as in life, but it also happens to be the most dangerousPoint of Sale because it's true. If you lose sight of where you're going for just a minute and veer in one of the other direction, or if the wind shifts just a little bit behind you,. what can happen is an accidental jibe.

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