Buy when others are fearful, sell when others are greedy. It...

Buy when others are fearful, sell when others are greedy. It seems every tick lower is accompanied by more irrational analysis/discussion, when little has fundamentally changed from a few weeks ago.

We all know the mining sector has slowed down significantly. But the end of the world it is not. We aren't paying a premium for growth. BKN isn't trading at a forward multiple of 15x+, its at <1x. BKN isn't going bankrupt any time soon, there are several alternatives before bankruptcy even enters the conversation.

The hardest thing to do is to buy when everyone else is in a panic. But try block out the noise and think bigger picture, longer than 2 weeks ahead.