Buffett is right only if you have a deep enough pocket to keep buying and holding when the markets are constantly hitting new lows. Unfortunately, most of us don't have that privilege and can't keep supporting the market. Nevertheless, I fully support his style in times like these and sicken by short sellers (any type of derivatives)who are justifying their actions by saying they are only helping the markets when in fact they are just profiteering from the "unfortunate sick puppies".
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