Quote:
Originally Posted by Table 5
...They were calling today's events on Wall Street to be a Bloody Friday even before markets opened. Dow just closed down 314 points...not great, but hardly unheard of...
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Quote:
Originally Posted by David Dreman - contrarian value investor
...The time to buy is when there's blood on the streets...
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http://www.investopedia.com/universi...aviddreman.asp
Some other quotes from famous investors....
Quote:
Originally Posted by Jack Bogle - pioneer of the no-load mutual fund
Time is your friend; impulse is your enemy.
If you have trouble imaging a 20% loss in the stock market, you shouldn't be in stocks.
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might be too late for some of us, but....
Quote:
Originally Posted by Warren Buffet
Rule No.1 is never lose money. Rule No.2 is never forget rule number one."
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one more...
Quote:
Originally Posted by Peter Lynch
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it.
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