Feb 29, 2020

Be Greedy When Others Are Fearful

“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”

“Bad news is an investor's best friend. It lets you buy a slice of America's future at a marked-down price.”

“[I]f you wait for the robins, spring will be over.”

“Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”

- Warren Buffet, "Buy American. I Am." New York Times, 10/16/2008

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