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385 - Lost Money
InvestED: The Rule #1 Investing Podcast
Investing Is Not as Easy as It Sounds
The market is getting ready to get, i think, really tumbled. But boy, it's sure nice when the whole market just goes thud. I remember warren saying in two thousand eight when a when cocacola was going down like a brick,. And he basely said, what we do instead as we just hope cocola goes down 50 % sand we can buy more. It just makes life so much easier if they'll just go down 50% from their value and then we can snap em up. That's the absolute essence of rule one investing, is to buy these things that, you know, wait patiently till they go on sale, don't do anything.
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