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Ah, geographical market timing. It's like trying to time the stock market, only with less liquidity! You know, sometimes Tim Ferriss gets things right. For exa
by mechanical_fish 18y ago
Ah, geographical market timing. It's like trying to time the stock market, only with less liquidity!
You know, sometimes Tim Ferriss gets things right. For example, he once wrote:
What if you need to learn to do something your friends haven't done? ... If the task is how-to in nature, I only read accounts that are "how I did it" and autobiographical. No speculators or wannabes are worth the time.
Has Paul Kedrosky, resident of La Jolla, CA, ever even been in Brazil for more than a week, much less tried to get a job or start a company there? He conspicuously fails to say so.
I remember the last news.yc item like this: It was about Dubai. And, wonder of wonders, Kedrosky's sly commenters have already posted the link that threw cold water on that idea: "The Top 20 Reasons Not To Move To Dubai":
http://www.escapeartist.com/efam/94/art_20_Reasons_Not_Move_to_Dubai.html http://www.escapeartist.com/efam/94/art_20_Reasons_Not_Move_...
A good principle: Before moving anywhere, find a "Top 20 Reasons Not To Move To X" article and make sure you're okay with it. (The first item on Boston's list is probably "snow"... unless you're a news.yc reader, in which case it's probably "Boston is not near Palo Alto". )