The sage.

March 2, 2007 — 2 Comments

“Be fearful when others are greedy and be greedy when others are fearful.” –Warren Buffet. This has always been my investment strategy. I remember reading a while back that the manifestation of this attitude then becomes “when people are buying stocks, buy real estate. And when people are buying real estate, buy stocks.”

It’s harder than it sounds though. Because for the last 3 days, every time I’ve logged onto to my computer, my sidebar stock widget is awash in a sea of red. Google’s down, Sears Holdings took a major bath. But I’m loading back up, so we’ll see where the market heads. I just can’t believe that Starbucks is going to stay at 30 a share for very long–not when there are literally 3 of them within a 200 yards from my apartment.

Ryan Holiday

I'm a strategist for bestselling authors and billion dollar brands like American Apparel, Tucker Max and Robert Greene. My work has been used as case studies by Twitter, YouTube and Google and has been written about in AdAge, the New York Times, Gawker and Fast Company.

2 responses to The sage.

  1. Can you reccommend a good online broker?

  2. Yeah. I use Scottrade. $7 per trade. I think you need 500 to start though.

Leave a Reply

Your email address will not be published. Required fields are marked *

Text formatting is available via select HTML. <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>