The two safest positions in this market are Cash and Fetal.
From Tom Friedman's column, October 1, 2008
From Tom Friedman's column in NYT: I was channel surfing on Monday, following the stock market’s nearly 800-point collapse, when a commentator on CNBC caught my attention. He was being asked to give advice to viewers as to what were the best positions to be in to ride out the market storm. Without missing a beat, he answered: “Cash and fetal.”
Source: CNBC, October 2, 2008
Source: NYTimes.com, Tom Friedman