Re:Asset prices are high across the board
by csa on Saturday October 07, 2017 @12:53PM
(#15424515)
I think Buffet said something to the effect of "be fearful when others are greedy, but be greedy when others are fearful".
Having lots of dry powder in a downturn is a very good place to be for a professional investor. That said, most folks are not professional investors, so buy and hold is relatively simple strategy that performs fairly well for non-professionals.
Having lots of dry powder in a downturn is a very good place to be for a professional investor. That said, most folks are not professional investors, so buy and hold is relatively simple strategy that performs fairly well for non-professionals.