There’s an old contrarian investing maxim from Baron Rothschild that says “the time to buy is when there’s blood in the streets, even if the blood is your own.” The idea is that the best investors strategize when others panic, allowing them to buy stocks on “sale.” The legend of Warren Buffett was built on this philosophy during the market turmoil of the mid-1970s.
Read More: http://www.econmatters.com/2011/08/vix-high-time-to-buy-guest-post.html
Read More: http://www.econmatters.com/2011/08/vix-high-time-to-buy-guest-post.html
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