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A simple rule dictates my buying: Be fearful when others are greedy, be greedy when others are fearful.
You want to be greedy when others are fearful. You want to be fearful when others are greedy. It's that simple. … They're pretty fearful. In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.
Quote of the day
As a world view, Darwinism cannot of course be refuted, since Faith is, always has been, and always will be, stronger than facts
Francis Parker Yockey
August 30, 1930
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