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A comment on Equifax IT staff had to rerun hackers' queries to work out what was nicked. Parent comment

Re:Equifax IT staff had to rerun hackers' queries to work ou... by jack6e on Wednesday September 19, 2018 @02:43PM (#18026626)
This is an old investing strategy summarized by Rothschild in the anecdote, "The time to buy is when there's blood in the streets." I think that maxim captures the crass greed of the strategy.
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Re:Equifax IT staff had to rerun hackers' queries to work ou... by antidesitter on Wednesday September 19, 2018 @04:45PM (#18027549)
Why is this strategy “crass greed”?
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Re:Equifax IT staff had to rerun hackers' queries to work ou... by tedunangst on Wednesday September 19, 2018 @05:54PM (#18027990)
You're supposed to say "Be fearful when others are greedy and greedy when others are fearful" and then you sound kind and wise like Warren Buffet.
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Re:Equifax IT staff had to rerun hackers' queries to work ou... by ISL on Wednesday September 19, 2018 @05:05PM (#18027699)
Indeed, it puts a floor on prices in freefall. If someone needs to sell, and nobody is willing to buy, the price goes to zero.
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