[5thGenTexan]

Buffet says his philosophy is "be scared when others are greedy; be greedy when others are scared". Everybody looks pretty scared right now.

I am riding this one out. Last time, when Obama was reelected, I got out. It rebounded so quick that I lost money before I could get back in. Everything is in a mutual fund, so The way I think about it now is I am playing someone to balance these times out.

[mware]

Glad I don’t have shares in any airlines right now.

[5thGenTexan]

Everything is in a mutual fund, so The way I think about it now is I am playing someone to balance these times out.

Everything is in mutual funds, so the way I think about it now is I am paying someone to balance these times out.