What a bloodbath., page-29

"Buy when there's blood in the streets" Almost No one will agree with me of course

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Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets."

He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon. But that's not the whole story. The original quote is believed to be "Buy when there's blood in the streets, even if the blood is your own."

This is contrarian investing at its heart--the strongly held belief that the worse things seem in the market, the better the opportunities are for profit.

Most people only want winners in their portfolios, but as Warren Buffett warned, "You pay a very high price in the stock market for a cheery consensus." In other words, if everyone agrees with your investment decision, it's probably not a good one.

" Buy When There's Blood In The Streets


The blood is running a sellers are dumping, The Sky has and is falling !!! My coffee was hot when the market opened today and still warm when I did my thing accumulating when cheaper than yesterday due to over reactions. My thoughts only

Get help if this is all to upsetting or bothering you to much 24/7 Support for Anxiety, Depression and Suicide Prevention. - Beyond Blue

My Mental health fix is running. 10km this morning and 20 planned for the afternoon. If you need a break, take it. If you need a pat on the back get one.

Your way is probably better than my way. For you of course!.

Excuse me multi posting this on my buy list today.