A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. – “Buy American. I am.“
Let me be clear on one point: I can’t predict the short-term movements of the stock market. I haven’t the faintest idea as to whether stocks will be higher or lower a month — or a year — from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over. – “Buy American. I am.“
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
If past history was all there was to the game, the richest people would be librarians.
“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”