Great article Denis (as usual). I love it when I hear people like Jamie Diamond go in "crisis" mode. The more "experts" I hear getting pessimistic the more excited I become. The final straw is when Time Magazine (a long time general interest magazine here in the US) has a bear on it's front cover. As Warren Buffett said, "I buy when there's blood in the streets." To me with over 40 years investing experience that is when I start to buy. I'm not going to get the bottom but I know I'm close. Hope you and your family are well. Much fondness to you my friend. Rodger
Thank you, Rodger - always happy to get a comment from you. The first best thing an investor can do is to follow their long-term strategy. The second best thing is to add more when the market is down. I follow your example and load up on what I think is underpriced. Wishing you a great rest of the week!
I had that mindset too. Wish that I get to spend the money rather than to lose it in investment
Cheers Mika
Great article Denis (as usual). I love it when I hear people like Jamie Diamond go in "crisis" mode. The more "experts" I hear getting pessimistic the more excited I become. The final straw is when Time Magazine (a long time general interest magazine here in the US) has a bear on it's front cover. As Warren Buffett said, "I buy when there's blood in the streets." To me with over 40 years investing experience that is when I start to buy. I'm not going to get the bottom but I know I'm close. Hope you and your family are well. Much fondness to you my friend. Rodger
Thank you, Rodger - always happy to get a comment from you. The first best thing an investor can do is to follow their long-term strategy. The second best thing is to add more when the market is down. I follow your example and load up on what I think is underpriced. Wishing you a great rest of the week!
A lot of the crisis guys are well known for predicting 20 of the last 3 recessions
Haha true!
Investing is psychology.
Sure is, good article Denis!
Thank you, Lawyer :)
Smart Money