Well, if value investors needed any more evidence that stocks are on sale, Warren Buffett has told the New York Time he has been buying American stocks in his personal portfolio. The article quotes one of Warren Buffett’s favorite quotes.
Be greedy when other are fearful and be fearful when others are greedy
This has been a tough peice of advice to follow due to everyone running for the same exit and the mass media covering the markets around the clock. When I asked my brother if he is willing to put some money to work he respectfully declined due to all the “bad” news he has been hearing. Warren Buffett seems to have the same belief as me ( or is it vice versa?) as companies will experience a slowdown in earnings but will be fine years from now.
These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.
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hey Alex, that’s a really cool domain contrarianvalueinvesting.com
Did you get it normal price on Godaddy or another or was it premium. If you just found it recently new that means all the good domains haven’t been taken yet. the old cliche that everybody always says. : )
I bought it from my host. for $10. Plenty of good domains left.