So Mr. Buffett's famous advice for investing: "Be fearful when others are greedy, and be greedy when others are fearful."
Do many investors take this advice?
I have thought about this quote, and applying it to the current market, and it made me think that because unemployment is high and the real economy is dipping, investors assume that people are fearful and therefore they are greedy.
But if investors are greedy due to the belief that others are fearful, is it prudent to be fearful?
Submitted December 13, 2020 at 08:51PM by Moist-Taro https://ift.tt/37cecjf
