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by nodesocket 2756 days ago
While the last couple of days have been particularly painful for me in the market, CNBC, Bloomberg, and financial news networks are the biggest pusher of fear out there. Fear sells, and they peddle fear better than anybody.

It's hard to buy, or even not sell during the last couple of weeks, but I'll reiterate a quote by Warren Buffet:

"Be fearful when others are greedy. Be greedy when others are fearful."

1 comments

Buffet himself is currently sitting on $111 bn [1].

[1]: https://www.businessinsider.de/warren-buffett-berkshire-hath...