"Be fearful when others are greedy and greedy when others are fearful." Warren E Buffett, the richest man walking the planet today, swears by this investment dictum and attributes a lot of his stupendous success to this twelve-word sentence.
A question that begs itself is 'Had Warren Buffett been Indian, what he would have done in the current market environment?'
It will take a brave man to say that the current stock market environment is one of greediness! We are indeed sensing fear all around and what better time than this to walk the Buffett talk and start feeling greedy.
Presented below are a few quotes chosen painstakingly from Buffett's annual letter to shareholders of his company Berkshire Hathaway inc. These tips from the master will go a long way in helping you find fundamentally sound stocks and more importantly, at attractive valuations given the current fearful environment.
Image: Warren Buffett, chairman and CEO, Berkshire Hathaway, and also the world's richest man. | Photograph: Saul Loeb/AFP/Getty Images
Also read: India's top 10 pharmaceutical companies
Advertisement
