david einhorn

A lesson from Warren Buffett on buying fear Part 3

On the Runnymede blog, I have discussed buying fear in 2014 and 2015. The thesis is simple and taken from the great Warren Buffett. His famous rule is “Be fearful when others are greedy, and be greedy when others are fearful. While this seems like a simple rule, even Buffett admits that it is easier said than done. Buffett said, “There is no comparison between fear and greed. Fear is instant, pervasive and intense. Greed is slower. Fear hits.”

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