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It’s A Great Time To Invest

October 17, 2008 By David Burn

The Oracle of Omaha is buying American stocks.

A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.
If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.
Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

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Filed Under: Economic Indicators

About David Burn

Co-founder and editor of Adpulp.com. David wrote his first ad for a political candidate when he was 17 years old. She won her race and he felt the seductive power of advertising for the first time. Today, David is a creative director in Austin, Texas.

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The Chronicle of Bright Ideas. Launched by David Burn and Shawn Hartley in 2004. Read, shared, and debated by a rogue group of ad pros ever since.

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