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One of the world's great trophy assets is soaring in price
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Tuesday, December 29, 2009
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By Brian Hunt in DailyWealth:

As we near New Year's Eve, it's time to look at how one of the secrets of rich investors played out in the stock market in 2009.

You see, seasoned investors monitor a handful of the world's best trophy assets. These elite assets include Miami condos, Canada's huge heavy oil deposit, Hong Kong skyscrapers, and Freeport-McMoRan's monster Grasberg copper mine. The best investors look to buy these trophies during a crisis... when prices reach "fire sale" 50%-75% discounts. After all, trophies are the best... so they tend to...

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Topics: Singapore | Investing | Cruxallaneous
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