Quote:
Originally Posted by highfive
You have to keep in mind that Buffetts view of a bottom is not your average person's view of a bottom. He's willing to invest over a horizon of 5-15 years. He has enough money to invest like that.
For us, it's like lime of 2-8 hours horizon (lol) or 4444 of 6 months to 2 years. (I hope I'm right).
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long term, this is a hugely cheap market, some ppl trade for a quick buck, others (yours truly) invest their portion of their paycheque for a long time from now
invest in good companies, with a good product and great management at historically cheap prices, and you'll be richer than if you didn't is my general motto.
some of us don't have the time or stomach for quick trades