Warren Buffett recently said that he gets scared when people get greedy and he gets greedy when people are scared and people are now scared, and he probably knows a thing or two, and I have a hunch he is right, especially when you look at all the times -previous market cycle downturns- a very few people got wealthy while others were drowning in fear, self loathing, complaining and bickering, especially on the tele.
In studying all the other market corrections and human psychology we see a clear pattern, a pattern which is quite predicable and can be used to an advantage by those who are conscious and in a position to do so.
Prices are ridiculously low...
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