BUFFETT SHOWS NO FEAR…
During the recent month or so, as I have been in recovery mode after having to endure 8 nights in hospital with a major knee operation, I’ve had ample opportunities to once again focus on being grateful for so much and reflecting on what’s important in life.
In this process, I’ve been reading numerous articles on what is going on with our global markets and even though we may never reach the heights and genius of the likes of Warren Buffett, we can definitely sit back and learn from him when it come to investing. Warren Buffet, the world’s richest man according to Forbes magazine said he was going to buy US stocks even though the economy was a “mess”.
Buffett, 78, known for his fortune building skills, said he had been buying into the
“A simple rule dictates me buying. Be fearful when others are greedy, and be greedy when others are fearful”… By the way, most people think that FEAR stands for False Evidence Appearing Real.
In reality what it really means to most is F#@#$% Everything And Run… as you read this you may recall one of my earlier blogs… refer to this link http://www.georgemihos.com/blog/shares/how-to-instantly-acquire-the-knowledge-of-the-worlds-most-successful-investors/#more-20
where it illustrates the importance of slowing your game down and in today’s times this could not be further from the truth.
Yours with Ethics and Passion
George Mihos
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