Investment philosophy
Be fearful when others are greedy, and be greedy when others are fearful
Warren Buffett has oft been quoted as saying: “Be fearful when others are greedy, and be greedy when others are fearful.” In his annual letter for Year 2006 to Berkshire Hathaway shareholders on Feb 28, 2007, Mr Buffett said in a comment on super-cat (super-catastrophy) insurance: “…Rates have recently fallen because a flood of capital…
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