sumayo gerry harvey is talking his book (imho) he's a salesman
you can't compare him to buffett.
just an interesting little quote from buffett:
"In stocks, we expect every commitment to work out well because we concentrate on conservatively financed businesses with strong competitive strengths, run by able and honest people. If we buy into these companies at sensible prices, losses should be rare. Indeed during the 38 years we have run the company's affairs, gains from the equities we manage at Berkshire have exceeded losses by a ratio of about 100 to one"
So Buffett's winners to losses ratio is about 100:1.
And he's now going fro 100% bonds to 100% shares!!!
Mate that's as strong a buy signal as I've ever seen. I've been putting every single cent I've saved into quality blue chips and will continue to do so while these kind of prices are around
