Buffet buys 10% stake in BYD-Need I say more?
The Motley Fool came out with an open letter this week for all to read on its web site advising investors not to panic during this week (ending September 19, 2008) because of the terrible market activity. The market was going down big time 500 points on one day. They came out with advise that this is not the time to sell. Not even a day past when the market turnround and move up two days in a row. One day the Dow was up over 400 points. Great advice from the Motley Fool. Congrats. [more]