While the stock market imploded in early 2009, who was buying and who was selling?

onejoe (53)in #busy • 7 years ago (edited)

"While the stock market imploded in early 2009, who was buying and who was selling? Everyone was selling. I was long gone and sold a year earlier. Warren Buffet was buying. Everyone sells and the richest man in the world buys. Hmmm. Could it be that everyone is wrong? Yes it could."

-The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime (Mj Demarco)

#stock #blog #motivation

7 years ago in #busy by onejoe (53)

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berksaustins (48) 7 years ago

I was buying puts on financials and shorting them to ZERO, riding them like a dirty old man on a cheap hooker. I consider myself brain dead for not buying the bottom. Buy when there's blood in the streets, sell when there's no fear to be found.

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