Most people like to quote the famous Warren Buffett:
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
If everyone applies this principle, then we should see many Warren Buffetts around. Do we? Not really. So what did the big man really mean. IMO he meant:
"Be Fearful When Others are greedy and behaving irrationally, buying on unrealistic optimism, based on shifting, illusive or unsustainable future.
Be Greedy when others are fearful based on over pessimism on current situation and the lack of clear foresight what the future can bring based on current pipeline.
In Tawana's case: Is LOM really an issue long term? Should you be fearful? Or greedy?
Ann: TAW and AMAL complete First Shipment of Lithium Concentrate, page-121
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