Quote:
Originally Posted by WilsonFourTwo
I live by Buffet's statement: Be fearful when others are greedy. Be greedy when others are fearful.
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That's makes 2 of us, exept I quite enjoy many of his other famous quotes. I live by his "buy when there's blood in the streets" quote so much so that I sold my condo during the recession and put 70% of the proceeds into the stock market when the tsx was 8000. My thinking was this: if it gets any worse than it is right now then the world's going to H3ll anyway so I might as well go for it. Plus I'm young enough that I would have been able to recover if things did collapse and I lost it all. We all know the world didn't end and because of that I had what will probably end up being the best year of my life financially.
Thank you Warren Buffett.