RU² / October 24, 2018
Be fearful when others are greedy and greedy when others are fearful
Per Warren Buffet “Be fearful when others are greedy and greedy when others are fearful” this quote came when he was asked about loaning $25 billion to several companies during the financial crisis and now has earned $10 billion in dividends on those loans an incredible 40% return. Whether dealing in billions or much smaller numbers the advice it still the same you need to look at opportunities based on your parameters and not follow the herd mentally whether it be panic or over exuberance in making deals.
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