Get Ready for the Next Bull Market, Warren Buffett Style
We don't know when the next bull market will arrive. And right now, with the market in the doldrums, it may feel very far away. But don't despair. Throughout time, bear markets always have led to bull markets. The best thing you can do right now is prepare for those better times.
How? By following in the footsteps of an expert. I'm talking about billionaire investor Warren Buffett. He's been through crashes and bear markets. And that hasn't stopped him from delivering top performance over time. So let's take a look at how we can use Buffett as a model -- and prepare for the next bull market.
One of the first things to note is Buffett doesn't allow market sentiment to drive his investment choices. He doesn't get overly excited about investing during a bull market and turn away from stocks during a bear market. Instead, Buffett looks for opportunity no matter what the general market is doing. And that often leads him to invest heavily during down markets, when he can scoop up stocks for dirt cheap valuations.
Source Fool.com
