Stevenson Says It's Time to Follow Warren

Writing from the perspective of a UK investor, Tom Stevenson says this may be a great buying opportunity. He talks about Warren Buffett, Ted Williams and the "fat pitch" (which must warm the heart of George over at Fat Pitch Financials) investors desire:

By waiting for only the "fattest" pitch, Ted Williams secured baseball's highest-ever batting average. We don't need to be so precise – investors are scared and buying from scared investors pays off in the end. The pitch is fat enough.

You can read the entire Daily Telegraph piece here.

Comments

[George]

You know me too well, John. This article closely matches my current sentiment regarding the market. As a "fat pitch" investor, this market turmoil is exactly the type of thing to motivate me to take action. I am almost overwelmed by the choices that the market is presenting.

Thanks for pointing this article out to us.

[John]

You're very welcome, George. We may well look back some years from now and see this as a golden buying opportunity. I just wish I had more cash so I could take advantage of 'em.