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ChrisGraley (29.69)

Ode to TMFEldrehad

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August 15, 2008 – Comments (0)

I'm looking at this post and it reminded me of 2 things.

1) The half-time pep talks when my football team was losing the game.

2) Buffett saying that when stocks are down, he's like an oversexed boy in a whorehouse.

Look if your upset about losses and want to give up, go ahead. I want to make more money,and I'm starting to realize that this type of economy is giving me more opportunities than a prosperous one. If you want to make money now, buy yourself a case of #2 shapened pencils and get to work! There are now a ton of undervalued companies out there, and I don't think they'll be undervalued for long.

 

I understand that there is alot going on in the market that can scare people, but the fact is your buying a company and not the market. My best advice in this type of market, is buy like Buffett, but sell like Cramer. 

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