Over the past 2-3 years, post Covid, I’ve been seeing the market dip here and there and have never felt people were being too fearful.
But in recent weeks, it’s definitely felt scary. And I think Buffets quote applies even more so now than in recent years (the last time being Covid imo)
Right now, to me, being greedy can mean to buy more - I just don’t have the capital to do so lol
But I also think being greedy can also in some ways interpret a reanalysis of your portfolio, to see if there are any companies that you own that have changed your mind about their prospects, and being strong enough to stay in the market.
It’s worrying times at the moment, but I think my portfolio is strong enough to weather the storm.
Would I have considered selling and buying back when things are at the bottom? Only if I had Pelosis crystal ball, so I’m staying put