Monday, September 29, 2008

Mohonk market message

The financial crisis looks a little different from the mountains. We are at Mohonk Mountain House, where we got married a year ago today. Mohonk was founded in 1869, which means it survived in its earliest years the Panic of 1873 and then multiple other financial crises, including the Panic of 1907 and, of course, the Great Depression itself. The lesson I perceive is that institutions with dedicated people and sound practices can endure most anything that occurs in the financial world. Quality wins out over time.

UPDATE: And this is a good place to store the link to a certain video.

No comments: