
Everyone knows Warren Buffett’s famous quote of “Be fearful when others are greedy and greedy when others are fearful.” In over 30 years, I’ve met few who practice this when it comes to that point in time though.
I wrote an article back in early September ‘The Market is Wobbling. Here’s How to Protect Your Portfolio.’ If you didn’t heed that advice your current move could well be to manage the losses as most names feel like they are a melting ice cube right now. I know certainly some of my companies do.