Monday, November 9, 2009

Warren Buffet has done it again!

By getting in when people are getting out, his investment company, Berkshire Hathaway, has tripled their third quarter profit to US 3.2 billion dollars compared to US 1.1 billion dollars a year ago. The strategy is simple.... go in when people are going out! We all know that but how many of us can be disciplined enough to follow it through. Didn't we all ran away together with the crowd when the market was down. We should have stayed... no.. not only stayed but invested more. Anyway, its all under the bridge now...sigh!

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