Answer: "Get out while the market is high."
Explanation: " During the 1970s, there were significant events that affected the oil industry, such as the Arab oil embargo and the Iranian Revolution. These events led to a spike in oil prices and created uncertainty in the market.
"Get out while the market is high" suggests that it would have been a good strategy for investors in the oil industry to sell their assets and exit the market during this period of high prices and volatility. By doing so, they could have taken advantage of the high prices and avoided potential losses when the market became more unstable.
This strategy would have allowed investors to capitalize on the increased demand for oil and the higher prices that resulted from the events of the 1970s. By selling their assets during this period, investors could have realized significant profits.
It's important to note that this answer is specific to the oil industry in the 1970s and may not be applicable to other time periods or industries.