• Alloi@lemmy.world
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    5 days ago

    one of his mantras is to be greedy when others are scared, be scared when others are greedy.

    essentially, buy low, sell high.

    him selling before a crash, is him cashing out on a high market to wait and buy during a “predicted” low market. so that in the future, he can sell high. thats how you actively invest. generally speaking.

    source: the universtiy of berkshire and hathaway.