Is This the Week Warren Buffett Finally Pulls Out His Checkbook?
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." -- Warren Buffett
That quote is not only one of Warren Buffett's best-known aphorisms, but it's also the mantra that has guided his investing strategy over much of his career.
The Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) chief has long been opportunistic with his stock purchases and investments, taking advantage of the 2008-09 financial crisis, for example, to scoop up preferred stock in Goldman Sachs and Bank of America in the years following, when the giant lenders were still ailing from the Great Recession.
Source Fool.com
