the bottom signal..........Buffett blows up

Quote from makloda:

Value investors are not impressed with price swings since they don't buy for a trade, they buy underlying companies they believe are selling for way below what they are worth over a longer time frame:

That was the 70s, this is 2008.
 
Yea it's 2008 and guess what, economics 101 is still working exactly the same way as it was as in 1974/75 or the 1950s.

If you can buy $1 for 50 cents you will make a lot of money. This time is not different.
 
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