“Widespread fear is your friend as an investor because it serves up bargain purchases.”
“Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
“The best chance to deploy capital is when things are going down.”
“A climate of fear is [investors’] best friend.”
“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”
Above is just a smattering of wisdom from arguably the world’s greatest investor, Warren Buffett, about buying stocks when they go “on sale.” Less august officials including economic advisor Larry Kudlow and even President Trump’s own son have similarly endorsed “buying the dip” amidst the current…
