Sharing a quote taken from the book, "My Warren Buffett Bible" compiled by Robert L. Bloch [emphasis mine]:
"In fact, the true investor welcomes volatility ... because a wildly fluctuating market means that irrationally low prices will periodically be better attached to solid businesses. It is impossible to see how the availability of such prices can be thought of as increasing the hazards for an investor who is totally free to either ignore the market or exploit its folly."
- Warren Buffett
Recession or not, solid businesses will survive and even thrive in difficult times. It is a boon that valuations have finally come down to attractive levels.
Hope you are ready to take advantage of buying opportunities. Feel the (market) fear and do it anyway.
"In fact, the true investor welcomes volatility ... because a wildly fluctuating market means that irrationally low prices will periodically be better attached to solid businesses. It is impossible to see how the availability of such prices can be thought of as increasing the hazards for an investor who is totally free to either ignore the market or exploit its folly."
- Warren Buffett
Recession or not, solid businesses will survive and even thrive in difficult times. It is a boon that valuations have finally come down to attractive levels.
Hope you are ready to take advantage of buying opportunities. Feel the (market) fear and do it anyway.
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