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October 20, 2008
Warren Buffett is Buying
Part of our investment approach includes the idea that the most successful investors are those who can fight their emotions and buy when others are irrationally selling and sell when others are irrationally buying. I have often cited many historical examples. Here is an example in real-time. If you haven’t read Warren Buffett’s op-ed in the New York Times about why he is buying U.S. Stocks today for his personal account, it is quite informative and a very short read.
SOURCE:
Buffett, Warren E. “Buy American. I Am..” The New York Times 17 Oct 2008. 20 Oct 2008 <http://www.nytimes.com/2008/10/17/opinion/17buffett.html>.
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Kim Snider is an author, speaker and host of Financial Success Coaching, Saturdays at noon, on KRLD Newsradio 1080, Dallas - Fort Worth. This blog is primarily devoted to empowering individual investors with information to help them be good stewards of their money. Above all, it is about achieving true financial success. Kim's book, How To Be the Family CFO: Four Simple Steps to Put Your Financial House in Order is in bookstores now. Order yours from Amazon or other fine booksellers today.
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