Constructive gadfly
Published on October 24, 2008 By stevendedalus In Current Events



Leave it to average panicky investors to play into the hands of the professional Wall Street schemers and traders to pounce on the financial crisis to encourage selling low so the the bad guys can buy low. Successful investors have always looked to the bottom before throwing in their megabucks and then relying on the market's slightest hic-cup to sell high in order to set the race to the bottom again. The ostensibly free market is in in fact anarchic roulette. 

on Oct 26, 2008

I think it goes back to PT Barnum - there's a sucker born every minute.  I agree the there are a lot of suckers selling now.  I jsut watch the market and tsk-tsk.  It is way undersold right now.  The smart money - like Buffett - is buying.