I like your take on Buffet’s fear/greed quote. The problem is that he has a lot of quotes concerning investing and when you focus on one it ends up out of context. I’m not sure he would be happy holding Intel for 10yrs.
What is the meaning of this? You translate the greedy when others are fearful quote into "buy low, sell high" then spend the rest arguing that the true meaning of buy low sell high, in Buffett's context, is to be greedy when others are fearful and vice versa. A bit circular, no?
When finding that forever company/stock: buy low, hold high, and sell when you die.*
*Leave the shares to your heirs or donate to charity.
KO! 😄
Thanks for posting.
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I like your take on Buffet’s fear/greed quote. The problem is that he has a lot of quotes concerning investing and when you focus on one it ends up out of context. I’m not sure he would be happy holding Intel for 10yrs.
I get where you're coming from. I don't think he'd hold Intel for 10 years either haha.
What is the meaning of this? You translate the greedy when others are fearful quote into "buy low, sell high" then spend the rest arguing that the true meaning of buy low sell high, in Buffett's context, is to be greedy when others are fearful and vice versa. A bit circular, no?
Maybe give it another read...honestly your comment was a bit confusing at first.