[SlinkyOnStairs]

> There's nothing magical about a "quarter".

There isn't. But everyone knows the US stock market is about run off a cliff. Or rather, it already has.

Everyone is looking at the quarters because they're waiting for Wile E. Coyote to look down.

[cj]

What's that old saying?

Be greedy when others are fearful, or something like that?

[SlinkyOnStairs]

Do bear in mind the context of that Buffett quote is to not blindly chase market sentiment and the numbers, neither directly nor inversely; Berkshire Hathaway's got quite the pile of cash right now.

[Tadpole9181]

Never heard that one, but my off the cuff thought was "sounds like something a so-far-lucky gambling addict would say".

[cj]

I have a feeling Warren Buffet would accept that label, with a chuckle and a smirk!

But I also think Buffet wouldn't characterize the current environment as particularly fearful. We haven't seen a whole lot of panic aside from a couple 1-2% daily swings, which is nothing.