| ▲ | SlinkyOnStairs 2 days ago |
| > There's nothing magical about a "quarter". There isn't. But everyone knows the US stock market is about run off a cliff. Or rather, it already has. Everyone is looking at the quarters because they're waiting for Wile E. Coyote to look down. |
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| ▲ | cj 2 days ago | parent [-] |
| What's that old saying? Be greedy when others are fearful, or something like that? |
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| ▲ | SlinkyOnStairs 2 days ago | parent | next [-] | | Do bear in mind the context of that Buffett quote is to not blindly chase market sentiment and the numbers, neither directly nor inversely; Berkshire Hathaway's got quite the pile of cash right now. | |
| ▲ | Tadpole9181 2 days ago | parent | prev [-] | | Never heard that one, but my off the cuff thought was "sounds like something a so-far-lucky gambling addict would say". | | |
| ▲ | cj 2 days ago | parent | next [-] | | I have a feeling Warren Buffet would accept that label, with a chuckle and a smirk! But I also think Buffet wouldn't characterize the current environment as particularly fearful. We haven't seen a whole lot of panic aside from a couple 1-2% daily swings, which is nothing. | |
| ▲ | 2 days ago | parent | prev [-] | | [deleted] |
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