Warren Buffett is living up to his reputation as a bargain hunter and permabull. In a recent Fortune article Buffett is cited as saying that he is buying the dips from the turmoil in recent weeks:
“There is no comparison between fear and greed,” Warren Buffett is telling me over the phone from Omaha. “Fear is instant, pervasive and intense. Greed is slower. Fear hits,”
…”The lower things go, the more I buy. We are in the business of buying.”
You can read the full article here.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.