What's that old saying?

Be greedy when others are fearful, or something like that?

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.

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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 [-]
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