Tuesday, January 17, 2006

Warren Buffett on Market Trend

"I never try to predict the market. I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point. I'm having a hard time finding things to buy, if that says anything about the market. But really -- if I find something tomorrow to buy, I don't give a thought as to whether the market is going up or down. I just barrel in. "

Learning points:
  • If you buy at an attractive price (relatively), maybe you worry less about whether it's in the "Bull" market or "Bear" market.


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