SailNet Community - View Single Post - Armageddon as an excuse
View Single Post
post #6 of Old 10-01-2008
sab30
Senior Member
 
sab30's Avatar
 
Join Date: Oct 2006
Posts: 240
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 9
 
Just so you are aware this is when those seasoned investors start to pick up the good deals...as one said to me this is the time when the undervalued shares of well run profitable companies are returned to their rightful owners...when we start hearing those words...doomsday, armageddon..you have reached "capitulation" and market buyers step in a little bit at a time...

Warren Buffet - To invest successfully over a lifetime does not require a startospheric IQ, unusual business insight, or inside information. What is needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework Do not let emotions get in the way of a sound intellect..make a smart business decision...ohh and buying a boat never has been a smart business decision...but a day on the water sure is a nice escape from reality


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Sab30
sab30 is offline  
Quote Share with Facebook
 
 
For the best viewing experience please update your browser to Google Chrome