Keep INVESTING Simple and Safe (KISS)*****
Investment Philosophy, Strategy and various Valuation Methods*****
Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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Tuesday, 13 October 2009
Market bottoms
A market bottoms when we reach what is known as the "point of maximum pessimism". This means that investors have lost so much money they completely throw in the towel - and shares correct to an undervalued level.
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