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-   -   W. Buffet: Be fearful when others are greedy, and be greedy when others are fearful (http://forums.pelicanparts.com/off-topic-discussions/436040-w-buffet-fearful-when-others-greedy-greedy-when-others-fearful.html)

kang 10-17-2008 07:28 AM
W. Buffet: Be fearful when others are greedy, and be greedy when others are fearful
 
Warren Buffet is buying, are you?

I like this one:

The reason, he said, is a key maxim in his outlook: "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful."

http://news.yahoo.com/s/afp/20081017/bs_afp/financebankingusbuffett;_ylt=AlFOBAcwVNjNnrky1TmLC 7wT5LIF

DasBoot 10-17-2008 09:35 AM
Sorta my philosophy on real estate. When people are camping out overnight to buy a slapped-together stucco box, THAT is the time to be selling.

When people are crying in their soup about having paid too much for their slapped-together stucco box, THAT is the time to buy!


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