Monday, September 3, 2007

Saw the Light

I hate saying that I got religion, but nuclear power in my eyes is the future, even in the face of a possibly more significant market correction. The irony is that as the acceptance of the industry is starting to percolate the mass mind, the companies in this industry have gone down 1987 style. I can rationalize my decision to stick with these companies because they are real companies with real assets that the market hasn't appreciated.

But imagine when they will be appreciated in a consistent manner? Then the pain and joy of holding these volatile securities will be appreciated IN ALL SENSES OF THE WORD.

Mr. Buffett says to "be greedy when others are fearful, and fearful when others are greedy." I think it says it all considering this industry.

NLR etf keeps it real simples to get into the game.

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