Random Thoughts: Fine Guns and Mixed Martial Arts

Fine English shotguns are a hot commodity, says Time magazine. Investors seeking to diversify their portfolios after the disasters of the last couple of years have discovered the fine gun market. The limited supply of fine guns - most makers build very few guns a year - keeps the market strong.

For instance, thirteen of Eric Clapton's guns, including a pair of specially engraved William Evans doubles, recently brought over $700,000 at Sotheby's.

Fine English doubles are appreciating at 3 to 5 percent per year, which isn't much, but it's steady. Besides which, in the event of complete global ruin, you have a gun - albeit one that only holds two shells.

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It is unfortunate with all the attention brought to New York slasher Maksim Gelman, we don't hear as much about Joe Lozito, the man who helped disarm him in a bloody fight on the subway. Lozito says years of watching Mixed Martial Arts helped him survive.

Lozito is a regular guy who works at New York's Lincoln Center but commutes two hours each way by train and subway from Philadelphia so his family can live in a better neighborhood. On the subway to work last week he was confronted by Gelman holding a knife.

As other commuters fled to the next car, Lozito fought. Although he has no martial arts training, Lozito tried a move he had seen while watching MMA matches. The 260 pounder went for Gelman's legs. The two men then grappled on the floor of the car. Despite receiving several deep cuts, Lozito was able to grab Gelman's knife hand. Transit police joined the fight and Gelman was subdued. Another passenger applied pressure to Lozito's wounds and helped keep him alive. Gelman has been indicted on 13 counts, included four murder charges and the attempted murder of Joe Lozito. Said Lozito from his hospital bed: "I'm glad he picked me. There were a lot of women and children on the train who couldn't defend themselves. He picked me and instinct kicked in."