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.
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.