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I was on main row seat trying to pay attention and understand every word this man said. That his teachings that planted the seeds of could eventually grew as a dealer over time. Many times, I heard his voice within head, reminding me of the lessons I learnt from his books and the teachings I learnt from him that day. I will try to enumerate the teachings I learnt from this man to cause you to the way they taught me to be.



For most investors who aren't pouring over charts, reading over 10k reports and glued using their television at any hour watching CNBC for breaking earnings reports, diversification is paramount.

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Then a miracle in disguise happened. The Bretton Woods Agreement creased / folded. The Bretton Woods Agreement had kept synthetic peg towards the U.S. dollar all around the globe. Some pegs were strong, some pegs were weak, but at the conclusion of day time they never moved beyond 1% in any direction. Like today's challenge with the Chinese Yuan, the forced peg against the dollar kept a constant controlled flow of U.S. dollars out of the country.

"The risks are how the U.S. consumer recession is deeper than anticipated. Actually would be increasing their U.S. exposure as the particular outlook is deteriorating," said Richard Morris, a fund manager with Constellation Capital Management, which does not own Westfield shares.

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