Investment Commentary from John H. Robinson

February 3, 2016

Warren Buffett is widely regarded as one of the most astute investors in modern history. The following are some of his classic pieces of advice:

▪ Be fearful when others are greedy and be greedy when others are fearful.
▪ The stock market is a device for transferring money from the impatient to the patient.
▪ I buy on the assumption that they could close the market the next day and not reopen it for five years.
▪ Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it.

Isn’t it funny how so many people marvel at Warren Buffett’s investment success, but completely ignore his tried and true wisdom whenever the markets turn skittish?

Most of us have been around long enough to have seen these principles hold true through down markets before. This is not our first time at the proverbial rodeo.   This time around, let’s keep old Warren’s wisdom in mind, and let’s tune out the market hysteria and hyperbole.

Readers – your thoughts?

The views expressed herein are solely those of the author. Nothing in this piece should be construed either as a solicitation or as a recommendation to purchase or sell securities.

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J.R. Robinson is the Co-founder of Nest Egg Guru, a web-based application that helps financial advisors stress test their clients' retirement strategies. He is also the Founder/Owner of FInancial Planning Hawaii. J.R. has written or co-authored numerous papers for peer-reviewed Academic and Professional Journals and his articles and commentary regularly appear in nationally syndicated financial news media.