Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

A HERETIC I AM

(24,590 posts)
Mon Aug 5, 2024, 08:48 AM Aug 2024

On a day like today, remember the words of Warren Buffet;

"Be fearful when others are greedy and (to) be greedy only when others are fearful."


If you liked a stock a week ago at $100 (or whatever) you should absolutely love it at $85.

There is sure to be a lot of running around with hair on fire type comments and threads on DU today, but a calm, steady and reasoned approach is always best. Don't "try and catch a falling knife", as the old saying goes, but watch for bargains in the shares of companies you trust.

Not to mention we here in NE Florida have the outer bands of a Cat 1 storm to raise a glass to!

https://weather.com/storms/hurricane/video/hurricane-debby-inland-florida-flooding-forecast?adRef=nav



1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
On a day like today, remember the words of Warren Buffet; (Original Post) A HERETIC I AM Aug 2024 OP
Good reminder ... CNN fear and great index hit 17 on Monday ... cliffside Aug 2024 #1
Latest Discussions»Culture Forums»Personal Finance and Investing»On a day like today, reme...