Wednesday, August 27, 2014

How to Be Greedy When Others Are Fearful | The Motley Fool Singapore

How to Be Greedy When Others Are Fearful | The Motley Fool Singapore: "Perhaps, Peter Lynch, an investor as legendary as Buffett, summarized it best in his quote:

“Keeping the faith and stock-picking are normally not discussed in the same paragraph, but success in the latter depends on the former. You can be the world’s greatest expert on balance sheets or P/E ratios, but without faith, you’ll tend to believe the negative headlines.

What sort of faith am I talking about?

Faith that America will survive, that people will continue to get up in the morning and put their pants on one leg at a time, and that the corporations that make the pants will turn a profit for the shareholders”"



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